According to the IT Act, 1961, tax payment is mandatory for both individuals and corporate bodies if the annual income exceeds the minimum exemption limit. Taxpayers are also entitled to various deductions under the same Act. However, they must be familiar with the concept of income tax slab and...

MahaRERA or Maharashtra Real Estate Regulation Act oversees all vital protocols of the real estate sector and provides prompt redressal in case of disputes. Consequently, it tends to impact property buyers, promoters and real estate agents significantly. Impact on property buyers The RERA Act...

As per the Income Tax Act, 1961 individuals are allowed to file a revised income tax return. Usually, it can be done by those who had previously omitted some information or had provided inaccurate details. Typically, one can revise this through the online tax filing portal. Steps to file...