Good News for Salaried People !

No Need to file Income Tax Returns for the People having annual income of Rs.5 Lakhs

Yes .  Tax payers with annual income of up to Rs 5 lakhs will not be required to file returns.  Around 80 lakh people will be benefitted by this move.

"Assessees with income up to Rs 5 lakh will be exempted from filing returns. The provision (regarding not filing of returns) will be notified in the first week of June...", CBDT chairman Sudhir Chandra told reporters.

Further New simpler Income tax returns forms have been notified.

  • SAHAJ - For Salaried People
  • Sugam - applicable for small businessmen and professionals covered under presumptive taxation.

Comments

Post a Comment

Tell your ideas here

Popular posts from this blog

NEEM

Image
Dear Friends, all of us have seen the neem tree here and there.  But the Benefits of the tree is tremendous.  Take it everyday and make yourself healthy . Neem twigs are used for brushing teeth. It is a very good   dental care   practice.   It is well known for its anti-bacterial, anti-viral, anti fungal, anti parasitic and anti-diabetic properties. Daily consumption of neem extract keeps digestive, respiratory, urinary system and circulatory system healthy It works as blood purifier. Eating raw leafs everyday helps to get rid of toxic elements from blood. It removes the dark circles under the eyes also. It is also a de-worming agent, means it removes worms from intestine if consumed regularly for certain period of time and It ensures the healthy functioning of intestines. Neem oil   is very good for hairs. It can be used to prevent gray hairs, hair fall and dandruff. It kills the bacteria and viruses that cause various diseases.   Neem oil ...
Read more

Pitta Purathu Amman

Image
Dear friends, R ecently our team has visited Tirunelveli Town  in south India and visited  a famous temple called Pittarathi Amman temple worship largely by local people.  Many of us have already seen the famous Swamy Nellaiappar Temple.  But this temple gives us an entirely different experience.  The Ambal in that  Pittapurathu amman temple   is very powerful.    Many people are coming here to drive away their inner fear.  Some people come here for relief from diseases.   Water  splash on the face is very famous here.  After giving Theertha, the holy water is splashed on our face which gives relief to all our inner fears and problems and also our diseases. Further, a yellow thread is being tied in the devotees hand which is safeguard for their life.(For boys in the right hand and for girls in the left hand ) It is very much shocked for our team, that a lady from another religion is also in the line fo...
Read more