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New Income Tax Slabs | Calculate your Tax Liability

5 min read

February 4, 2020 by Team Instabizfilings

Budget 2020 has proposed to introduce new income tax slabs with reduced rates for those foregoing exemptions and deductions under a "simplified tax regime". This new system is optional and will co-exist with the old one with three slabs and various exemptions and deductions avail
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Key Takeaways from Union Budget 2020

3 min read

February 3, 2020 by Team Instabizfilings

Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 in the Lok Sabha. This is the second budget after Narendra Modi led National Democratic Alliance returned to power for a second term. This year's Union Budget centres around three ideas - Aspirational India, E
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Tax Audit Date Extension for AY 2019-20

3 min read

September 28, 2019 by Team Instabizfilings

On consideration of representations recd (received) from across the country, CBDT has decided to extend the due date for filing of ITRs & Tax Audit Reports from 30th Sep, 2019 to 31st of Oct, 2019 in respect of persons whose accounts are required to be audited," the CBDT said in
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Government introduces measures to revive the slowing Indian Economy

5 min read

August 26, 2019 by Team Instabizfilings

At a press conference held on August 23, 2019, the Union Finance Minister Nirmala Sitharaman and senior officers of the finance ministry announced a host of measures to boost the country's economy. The Finance Minister dismissed all talks about the economic slowdown. Let us take
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Income Tax Return (ITR) due date extended to August 31, 2019

1 min read

July 23, 2019 by Team Instabizfilings

The Finance Ministry on Tuesday i.e. July 23, 2019 has hereby extended the due date for filing of Income Tax Return (ITR) for the FY 2018-19 by individuals from July 31, 2019 to August 31, 2019.
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Highlights of the Union Budget 2019

3 min read

July 5, 2019 by Team Instabizfilings
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