Tax deduction

ITR form simplified further; e-filing to start from Apr 1

ITR form simplified further; e-filing to start from Apr 1

A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns.

 

Mar 29, 2017, 16:37 PM IST
Good News! No TDS for PF withdrawals of up to Rs 50,000 from June 1

Good News! No TDS for PF withdrawals of up to Rs 50,000 from June 1

In a move that would provide major relief to subscribers of retirement fund body EPFO, the government has decided no tax would be deducted at source for PF withdrawals of up to Rs 50,000 from June 1.

 

May 30, 2016, 21:50 PM IST

Union Budget 2013: 1st time home buyers to get additional tax break of Rs 1 lakh

Finance Minister P Chidambaram Thursday raised tax deduction limit by Rs 1 lakh for the first time home buyers to promote the housing sector.

Feb 28, 2013, 18:08 PM IST

Chidambaram to launch CPC (TDS) on Saturday

Finance Minister P Chidambaram will launch the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) tomorrow, a move likely to ease the compliance procedure for taxpayers.

Feb 22, 2013, 19:31 PM IST