Tag Archives: Budget 2021

Income Tax amendments related to Business are discussed here. I have covered 8 general points. The points specifically applicable to certain industries are not written here. Point # 1 Payment by an employer of employee contribution to a fund on or before the due date Example – MK Steels Private …

Too much information is available on the Budget now. When I see a series of graphs, it reminds me of an ECG report! So, I don’t wish to repeat or burden you with such detailing. Maybe we will look at some important points and a few interesting data, only Points….. …

I have covered 6 points under Income Tax proposals which will impact the salaried employees and other individual taxpayers. Point # 1 Relaxation for a certain category of senior citizens from filing return of income-tax It would have been a sincere Pranam to Senior citizens had the Government proposed that …

I am not in a hurry to write on the Budget w.r.t the Income Tax Proposals as they are not going to change overnight. All the income tax related provisions are applicable for the next financial year starting 1st April 2021and some changes may happen before it is passed by …