Rajiv Gandhi Equity Savings Scheme, 2012 -Section 80CCG – Notification

  Rajiv Gandhi Equity Savings Scheme, 2012 (RGES) Notification No. 51/2012 [F.No. 142/35/2012-TPL]/SO 2777(E), dated 23-11-2012 In exercise of the powers conferred by sub-section (1) of section 80CCG of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely:- Short title, commencement and application … Continue reading

Missed the deadline of 31st July, Don’t worry, you can file tax returns till 31st March

Every Individual whose income exceeds maximum taxable limit is required to file Income tax Return on or before the due date. Due date for Individuals getting salary and who are running their own business or profession or working as free lancer are required to file tax return on or before … Continue reading

No Need to file income Tax Return

Individual whose total income for the relevant assessment year does not exceed five lakh rupees and consists of only income chargeable to income-tax under the following head is exempt from filing Income tax return. Conditions prescribed are: 1. Total income for the relevant assessment year does not exceed five lakh … Continue reading