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Income tax

Introducing the e-Appeals Scheme 2023

May 31, 2023 Eliza

The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, has issued a notification introducing the e-Appeals Scheme, 2023 under the Income-tax Act, 1961

Income-tax (Sixth Amendment) Rules, 2023: Changes in the Appeals Process

May 31, 2023 Eliza

The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes has issued a notification on May 29, 2023. This notification introduces amendments to the Income-tax Rules, 1962.

CBDT Announces Higher Limit for Tax Exemption on Retirement Benefits

May 26, 2023 Eliza

Regarding press release announcing an increase in the tax exemption limit for leave encashment for non-government salaried employees

Raising of Cash Equivalent Limit for Leave Salary – Income Tax

May 25, 2023 Eliza

Regarding the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement and this amendment, effective from April 1, 2023

New Tax Regime and TDS Deduction: Circular No. 04 of 2023

April 13, 2023 Eliza

Circular No. 04 of 2023, issued by the Central Board of Direct Taxes in India, provides clarification regarding the deduction of tax deducted at source (TDS) on salary income under section 192 of the Income-tax Act, 1961

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