Financial year 2021-22 marks some important changes in tax rules as far as taxpayers and tax filers are concerned. Some changes are substantive while some are procedural in nature. As a taxpayer, it is essential to know how these 10 tax reminders are relevant in FY22. Financial year 2021-22 marks so...

The Finance Act, 2020 has inserted a new Section 115BAD in Income-tax Act to provide an option to the co-operative societies to get taxed at the rate of 22% plus 10% surcharge and 4% cess For FY 2020-21, taxpayers can choose between two income tax regimes – the existing/old tax regime and the ...