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Income Tax News Tax Planning

Want to Update your Aadhaar card photo? Here’s how to do it

Want to know how to update your photograph on your Aadhaar card, then follow the steps as it guides you through the process. It is an offline process but all steps are as important as for an online process.

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Income Tax News Tax Planning

PAN card features not to be missed

Permanent Account Number or PAN card issued by the Income Tax (IT) departments is witnessing a total revamp and changes at lightning fast speed. Income Tax department had issued some new guidelines which one needs to keep in mind before applying for a new PAN or getting some corrections done to an existing PAN. The […]

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Income Tax Investments News Tax Planning

TDS on purchase of property over Rs. 50 lakhs

Summary: -PAN of both parties needed i.e. buyer and the seller for making e-payment of TDS on purchase of property.-The TAN (Tax Deduction Account Number) is not required for payment of tax and issue of Form 16B. -TDS to be paid by purchaser and not seller. The real estate sector in National Capital Region (NCR) […]

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Income Tax News Other Tax Planning

Tokenisation – Now your card (credit/debit/pre-paid) transactions will be safer online, thanks to RBI: All you need to know;

Demonetization has led to a spurt in digit payments and with that, ever increasing cases of online frauds including but not limited to theft of card details, data breach, server hacking, fraudulent transfer of money, phishing, smishing, vishing, etc. To enhance the security of cards used for financial transactions, RBI has introduced a new concept […]