Income Tax

May Lord Ganesha bless every new beginning with wisdom, prosperity, happiness and success. 🙏🌺Wealth4India wishes you and your family a blessed & prosperous Ganesh Chaturthi. Ganpati Bappa Morya! 🪔

ByTeam Editorial September 14, 2026September 14, 2026

Many interesting information is hidden in the number written on your PAN card, know about them!
ByTeam Editorial December 1, 2020

PAN card is currently the main instrument for financial transactions. PAN is use like a ID card. If you work in organized sector then it is necessary to have PAN card to get salary. It is a 10 digit alphanumeric number that everyone wants to understand. You will also have a PAN card, in which…

Read More Many interesting information is hidden in the number written on your PAN card, know about them!
Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020 today.
ByTeam Editorial April 9, 2020

In order to give effect to the announcements made by the Union Finance Minister vide Press Release dated 24.03.2020, regarding several relief measures relating to statutory and regulatory compliance matters across sectors in view of COVID-19 outbreak, the govt has brought in an Ordinance on 31.03.2020 which provides for extension of various time limits under the Taxation…

Read More Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020 today.
IEPFA’s “Aapki Poonji Aapka Adhikaar” Event Brings Unclaimed Assets Back into Investor Protection Focus
ByTeam Editorial July 8, 2026July 8, 2026

The Investor Education and Protection Fund Authority has brought renewed attention to unclaimed dividends, shares and other idle financial assets through its panel discussion on “Aapki Poonji Aapka Adhikaar – Learning and Way Forward”, held in New Delhi on 22 June 2026. The event assumes importance because unclaimed financial assets are not only a compliance…

Read More IEPFA’s “Aapki Poonji Aapka Adhikaar” Event Brings Unclaimed Assets Back into Investor Protection Focus
HOW IS INDIA’S TAX SYSTEM STRUCTURED TODAY
ByTeam Editorial September 2, 2017October 22, 2022

The constitution divides taxation powers between center and states. Both levels of government have some exclusive areas where they can levy tax. Income tax, which includes tax on company profits, is the exclusive domain of central government. These taxes are referred to as direct taxes. Indirect taxes are taxes levied on manufacture of goods, provision of…

Read More HOW IS INDIA’S TAX SYSTEM STRUCTURED TODAY
Electoral Bearer Bond Scheme 2018
ByTeam Editorial December 30, 2020

Issuance by Authorised Branches of State Bank of India (SBI) during January 01-10, 2021 The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of…

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What is the deadline for completing investments that save taxes for FY 2022-23?
ByTeam Editorial January 28, 2023January 28, 2023

The deadline to complete your tax-saving exercise for the financial year 2022–2023 is March 31, 2023, so move quickly if you haven’t already. Keep in mind that if you don’t make the tax-saving investments and purchases, your tax liability will be higher than normal for the current financial year (2022–2023). Please be aware that beginning…

Read More What is the deadline for completing investments that save taxes for FY 2022-23?

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