#MCPersonalFinance | Unable to file your #ITR by tomorrow EOD?

Ira Puranik explains what happens if you miss the ITR filing deadline at
https://www.moneycontrol.com/news/business/announcements/heres-what-happens-if-you-miss-out-on-the-last-date-for-filing-itr-tomorrow-7882581.html

#Form16 #IncomeTaxReturn #IncomeTax

The ICAI, the largest accounting body representing CAs across the country, has written to the CBDT seeking waiver of the penalty levied on late filing of #incometaxreturns

Read at
https://www.moneycontrol.com/news/business/icai-writes-to-cbdt-seeking-waiver-of-penalty-on-late-filing-of-income-tax-audit-reports-7916681.html

#FinanceMinistry #ICAI #IncomeTax #ITRs

#MCOpinion | Relative to the pre-pandemic year, the economy is measured to have grown 1.26% above the level in real terms, implying output lost due to #Covid19 will be more than fully recouped.

Read at
https://www.moneycontrol.com/news/opinion/fy22-gdp-mixed-bag-under-omicrons-shadow-7918071.html

#finance #GDP #hotels #NirmalaSitharaman #Tax #IncomeTax

#Budget2022Expectations | To boost demand and supply, amendments in #incometax will go a long way to boost the real estate sector.

Here's what #realestate bodies are expecting from #Budget2022 👇
https://www.moneycontrol.com/news/business/real-estate/budget-2022-wishlist-realtors-want-deduction-limit-for-interest-on-home-loans-to-be-raised-to-rs-5-lakh-7919091.html?utm_source=telegram&utm_medium=social

#MCPodcast 🎙️| Moneycontrol’s Jash Kriplani interacts with Rushabh Desai, founder of Rupee with Rushabh Investment Services about how to select #ELSS mutual fund for tax-saving?

Listen at
https://www.moneycontrol.com/news/podcast/simply-save-how-should-you-select-elss-mutual-fund-for-tax-saving-7931551.html

#IncomeTax #MutualFunds #PersonalFinance

The Central Board of Direct Taxes has issued refunds of over Rs 1,54,302 crore to more than 1.59 crore taxpayers from April 1 to Jan 10, the IT department said.

Read at
https://www.moneycontrol.com/news/business/economy/cbdt-issued-refunds-of-rs-1-54-lakh-crore-to-1-59-crore-taxpayers-from-april-1-to-january-10-7931961.html

#Economy #IncomeTax #IncomeTaxDepartment #incometaxrefund

#MCPersonalFinance: Thousands of tax assessees and several CA associations in the country have complained of discrepancies in filed returns for the assessment year 2021-22, reports @KhyatiDharamsi.

Read on ⏬
moneycontrol.com/news/business/…?utm_source=telegram&utm_medium=social


#IncomeTax #Tax | @kayezad

#Budget2022WithMC ⚡️

How will #Budget2022 impact your finances? What are the changes to #incometax slabs?

Find out with our expert panel Homi Mistry, Partner, Deloitte India, Radhika Gupta, MD & CEO, Edelweiss AMC, Swarup Mohanty, CEO, Mirae Asset Investment, Vishal Dhawan, CEO, Plan Ahead Wealth, & Manoj Nagpal, MD & CEO, Outlook Asia Capital.

Tomorrow 🗓️ 4PM 🕓

Moderated by Sumaira Abidi & Kayezad E. Adajania.

#StayTuned! 🔥

#Budget2022WithMC: Govt extends concessional 15% #incometax for new manufacturing companies till March 31, 2024.

Did you miss FM #NirmalaSitharaman's #UnionBudget speech? Check out the highlights: https://moneycontrol.com/budget-2022?utm_source=telegram&utm_medium=social

#Budget2022WithMC: #Budget2022 has kept #IncomeTax rates steady. Additionally, it introduced taxes on the transfer of #crypto assets. Homi Mistry & Swarup Mohanty dissect the #PersonalFinance aspect of #Budget.

Watch ⬇️
https://www.moneycontrol.com/news/business/personal-finance/no-tax-cuts-for-the-individual-taxpayers-status-quo-is-good-say-experts-8028411.html?utm_source=telegram&utm_medium=social

The #IncomeTax department is conducting searches at premises of #realestate developer Omaxe Group across Delhi, Uttar Pradesh, Haryana and Punjab.

More details at 👇
https://www.moneycontrol.com/news/business/real-estate/i-t-department-conducts-searches-at-several-premises-of-omaxe-group-report-8229311.html?utm_source=telegram&utm_medium=social

#MCPersonalFinance: “Due date for payment of the fourth instalment of Advance Tax for FY22 is 15.03.2022. Pay on time and avoid interest.”

You may have received similar messages from the #IncomeTax dept. Don’t ignore them.

Know more 👇
https://www.moneycontrol.com/news/business/personal-finance/have-you-paid-your-advance-tax-the-fourth-and-final-instalment-of-advance-tax-for-fy-22-is-due-tomorrow-8229291.html?utm_source=telegram&utm_medium=social

Time's ticking to file your #IncomeTax returns and you just cannot afford to miss the deadline! ⏳

We understand that filing those returns can be quite confusing so we've got you covered. 🙌

An Instagram takeover this weekend by personal taxation wiz Sudhakar Sethuraman of Deloitte India where all your queries will be answered. ✔️

Head over to Moneycontrol's Instagram page now and leave your questions on that sticker! 📢

#Budget2023WithMC | #Budget2023 rejigged the personal #IncomeTax with experts saying it will put more money in the hands of the people.

But will it boost consumption?

Read⤵️
https://bit.ly/3DTBWZF

#BudgetWithMC: An individual with a gross #salary of Rs 10 lakh claiming Section 80C and other deductions of Rs 4.75 lakh will pay #IncomeTax of Rs 18,200 under the old tax regime.

Read in detail 👇
https://bit.ly/3Yf9kBB

#NewsAlert 🚨Income Tax department investigating Cipla for potential tax violations: Sources to CNBC-TV18

Cipla says no claim or demand made by Income Tax Dept

#Cipla #IncomeTax #Tax

Taking care of a disabled individual can be very expensive.

But there are some ways you can save some money on your #IncomeTax.

Let’s find out how 📹

#KnowYourRights with Moneycontrol 🎥

Did you know you’re supposed to file your returns even if you are below the taxable income threshold?

If you have an income below 2.5 lakh rupees, you must file a NIL return.

To know more about it, watch the full video 👇
https://www.youtube.com/watch?v=S1NwHW1g34Y

#MCPersonalFinance | Filing your #IncomeTaxReturn for the first time? 🧐

Before you begin the process, it is essential to familiarise yourself with a few key aspects of your #IncomeTax e-Filing account.

Take a look at those aspects 👇
https://moneycontrol.com/news/business/personal-finance/filing-income-tax-return-itr-for-the-first-time-here-is-how-to-get-started-10861251.html?utm_source=telegram&utm_medium=social

#MCPersonalFinance | *ITR filing 2023-24: Salaried individuals can switch tax regimes yearly!* 💼💰

_Read more on this_ 🔽
https://www.moneycontrol.com/news/business/personal-finance/itr-filing-2023-24-switching-tax-regimes-while-filing-returns-heres-what-you-need-to-know-12761627.html#google_vignette

#ITRFiling #IncomeTax #Salary #TaxRegime