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CBDT Extended date for linking of PAN with Aadhaar by September 30, 2019.

3 min read

April 22, 2019 by Team Instabizfilings

The central government via notification dated March 31, 2019 has notified the date after which your PAN will become invalid if not linked to Aadhaar. As per the notification, the last date to link PAN with Aadhaar is September 30, 2019 and as per the rules if PAN is not linked wi
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New format of Form 16A for Salary TDS Certificate makes it difficult to fudge Income

3 min read

April 18, 2019 by Team Instabizfilings

The new format will allow the tax department to view a detailed break up of the income and tax breaks claimed by a salaried person. As per the changes notified, Form-16 issued by an employer will have to specify the nature of tax-exempt allowances paid to the employee.
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Income Tax Slabs For the Financial Year 2019-20 (A.Y. 2020-21)

3 min read

April 1, 2019 by Team Instabizfilings

Tax Slabs for Income Tax Returns - Individuals 2. The exemption limit of Rs. 5 lakh combined with deductions on savings available under Sector 80 will mean that people earning Rs 6.5 lakh may not be required to pay any Income Tax.
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Concept of Professional Tax i.e. PTEC & PTRC ? Details of Professional Tax in Maharashtra

3 min read

March 20, 2019 by Team Instabizfilings

Professional Tax was introduced in the year 1949. Professional Tax happens to be a source of revenue for the State Government. PTRC and PTEC under professional tax. The PTRC and PTEC are different certificates that are required by a business entity operating in India.
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Interim Budget 2019 : The Highlights

2 min read

January 14, 2019 by Team Instabizfilings

The interim Union Budget for F.Y. 2019-20 was announced by Mr Piyush Goyal, Union Minister for Finance, Corporate Affairs, Railways and Coal, Government of India, in Parliament on February 01, 2019.

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