income tax Archives | H&R Block | Blog
February 1, 2017
Personal & Corporate Income Taxpayers - Budget 2017

Union Budget 2017 Highlights for Personal Income Taxpayers & Corporate Taxpayers!!!

  The much anticipated Union Budget 2017 was finally announced today by our honourable Finance Minister. It was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public […]
June 23, 2016

Want to buy a home? You must know the associated TDS rules!

Being the owner of your own house is one of the biggest dream of a common Indian. People burn the candle at both ends for several years to fulfill this dream. For most of us, purchasing a house is the biggest financial transaction we will […]
May 14, 2016

Hurry up! Last chance to verify pending return

CBDT has announced a good news for all the tax payers who e-filed their tax return but failed to verify it. Under the earlier system of Income Tax Return e-filing where the tax return was filed electronically without a digital signature, tax payers had to […]
May 7, 2016

5 Things You Must Know About Investments Declaration in New Form 12BB

As a salaried employee you submit your income tax declaration statement at the beginning of every financial year to your employer.  It is a provisional statement which has details about your proposed investments and expenses for the given Financial Year that are income tax deductible. […]
May 2, 2016
NRI Tax Filing

Reasons Why NRI Tax Filing is Important!

  Why should NRIs file their taxes? The number of Indians living abroad for business or permanent settlement is rising at a greater pace. These Indians work abroad and earn there but have some investments, deposits and properties that earn income back in India. Hence […]
April 15, 2016

Income Tax Payment Vs Income Tax Return Filing

 Rajesh got his first job 2 years ago after graduating from a well-known institute. He happily worked in a renowned MNC and was happy to know that his taxes were deducted from his salary and paid on his behalf by his employer. He was proud […]
March 15, 2016
Tax Savings on Rental Income

Tax Savings on Rental Income or Deemed Rental Income

  Let’s start with understanding ‘Rental Income’. When you rent out your house or a commercial property or a land appurtenant and the income earned is known as rental income. This rental income which is not used for business or profession is added under the […]
June 17, 2015

H&R Block – Direct Taxes and Indirect Taxes in India

  Benjamin Franklin, one of the founding father of United Nations has rightly said “In this world nothing can be said to be certain, except death and taxes.” We can’t tackle the first one but let’s talk about dealing with the latter – Tax . […]