#Budget2021 memes on middle-class #taxpayers dominate Twitter trends after Nirmala Sitharaman's speech. Here are some more: https://www.moneycontrol.com/news/trends/budget-2021-memes-on-middle-class-taxpayers-dominate-twitter-trends-after-nirmala-sitharamans-speech-6426971.html?utm_source=telegram&utm_medium=social

Centre decides to extend timelines of certain compliances, to mitigate the difficulties faced by #taxpayers due to #COVID19 pandemic.

Jocelyn Fernandes tells us about the extensions granted to taxpayers under the IT Act 1961. Read at: https://www.moneycontrol.com/news/business/covid-19-second-wave-centre-extends-timelines-of-certain-i-t-compliances-due-to-pandemic-6841081.html?utm_source=telegram&utm_medium=social

#BREAKING | Over three crore #taxpayers have successfully completed transactions and close to 1.5 crore #IncomeTax Returns filed in the new I-T portal, Infosys said in a statement today.

Read at: https://www.moneycontrol.com/news/business/over-3-crore-taxpayers-successfully-complete-transactions-1-5-crore-income-tax-returns-filed-infosys-7498151.html?utm_source=telegram&utm_medium=social

#ICYMI ⚡️ Over 3 crore #taxpayers have successfully completed transactions and close to 1.5 crore #IncomeTax Returns have been filed on the new I-T portal.

Read at ⬇️
https://moneycontrol.com/news/business/over-3-crore-taxpayers-successfully-complete-transactions-1-5-crore-income-tax-returns-filed-infosys-7498151.html?utm_source=telegram&utm_medium=social

#BudgetExpectations | Sudhakar Sethuraman, Partner at Deloitte India, is of the view that the govt should focus on increasing the number of #taxpayers.

Read the story at 🔗
https://www.moneycontrol.com/news/business/personal-finance/budget-2022-expectation-unify-the-old-and-new-income-tax-regime-make-tax-forms-simpler-7978231.html?utm_source=telegram&utm_medium=social

#Budget2022WithMC: Announcing a new provision to ease e-filing, #NirmalaSitharaman proposed that #taxpayers will now be allowed to file their updated returns within two years from the end of the relevant AY.

Read:
https://www.moneycontrol.com/news/business/budget-2022-taxpayers-can-file-updated-return-within-2-years-from-relevant-assessment-year-8018031.html?utm_source=telegram&utm_medium=social

#Budget2023WithMC | The upcoming Budget in 2023 is likely to be the last full-year Budget before the country goes to polls in 2024. Ahead of the election year, will the Indian taxpayer get some relief amid the price rise?

In the run-up to the Budget, we present you the MC Budget Manifesto, where we list key expectations of various sectors from FM Sitharaman.

So what do the Indian #taxpayers wish for in 2023?

Let’s find out 👇

https://www.youtube.com/watch?v=IDuQaq0ip4w

#BudgetWithMC: #Taxpayers are looking for cuts in #tax rates, hike in deduction/exemption limits, long-term benefits in #healthcare & post-retirement, & affordable housing.

Will FM #NirmalaSitharaman’s '#Bahikhata' meet Indian taxpayers’ expectations?
https://bit.ly/3WKsQ85

#MCPersonalFinance | #Taxpayers will have the option of discarding an unverified return if they find any discrepancies in it and wish to file a fresh return.

Delve into the details of this new discard option 👇
https://www.moneycontrol.com/news/business/personal-finance/how-to-file-fresh-itr-after-discarding-erroneous-unverified-tax-return-11833241.html?utm_source=telegram&utm_medium=social

New Tax vs Old Tax regime

Now that the New Tax regime has been made the default regime, #taxpayers who wish to shift back to the #oldregime, must now fill a brand new form called Form 10-IEA.

By when and how? ⏬
https://www.moneycontrol.com/news/business/want-to-stick-with-the-old-income-tax-regime-dont-forget-to-fill-this-form-first-12273191.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial