Budget 2016 Archives - H&R Block| Blog
July 14, 2016
Income Tax Season

9 Reasons to Love Tax Season

If 31st of July, the deadline to file your taxes gives you fever then you are not alone. To many, the approaching deadline of tax season makes their blood run cold. However, it doesn’t have to be that way. There are several reasons which can […]
June 15, 2016

Recent Update on Advance Tax

Around the 15th day of September, December and March we see advertisements from the government requesting all taxpayers to pay Advance tax. And this often makes many of us wonder, “What is advance tax”, “Is it applicable to me?” and questions like that. So to […]
June 3, 2016

The New Time Lines for Filing Tax Returns and Revising Them

“You can still file tax returns”, “Delayed returns can be filed up to two years”, “Returns without paying penalty accepted up to March 31” Have such news items been leading you to believe that the tax filing deadline of July 31 is not written in […]
March 2, 2016
Impact - Budget 2016

Budget impact for the common man

  Budget is already a few days old and the common man is still curious to know what impact this budget will have on his daily life. Some of the important focus areas in this budget were affordable housing, relief to small taxpayers, simplification of […]
March 1, 2016
Taxation changes

Taxation Changes that FM Didn’t Spell Out in His Speech

  As the Finance Minister Arun Jaitley raised to deliver Budget speech, many would have been glued to the television screens and few others would get their peek into the changes through media reports. But if you are just going by the changes announced in […]
February 29, 2016
Budget 2016: Highlights

Highlights of Union Budget 2016

  On home loans worth upto Rs. 35 lacs, you can claim additional deduction of Rs. 50,000 if you are a first time home buyer. Professionals like doctors, freelancers, etc. can now file an ITR-4S if your income is less than 50 lakhs. Tax filing […]