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 6, 2016
Plan early to save Taxes - H&R Block

Five reasons to plan for tax-saving early, rather than January-March – H&R Block

We give you 5 strong reasons why you should plan and make investments sooner rather than later. Saving early helps channelise money When you receive a hike in your salary after March appraisals, it is also the right time to channel these extra amounts towards […]
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 27, 2016
Save Taxes by Planning Early

How to save taxes by planning early

Most of us work too hard round the year but give very less priority to save the taxes or the importance of the tax planning and saving it early. It is said, “Failing to plan is as good as planning to fail” As when it […]
April 26, 2016
Tax Benefits of Education Expenses

How Do Education Expenses Affect My Taxes?

  Education expenses are increasing by the day. Education being the basic necessity of life is an undisputable expense and hence cannot be avoided. In India quality education comes at a premium cost. The good news is that these expenses can be claimed as a […]
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 […]