Empowering tax payers to remain ahead with compliance in field of taxation in India
myIndiaTaxes App currently offers
• Tax Calculator for Income Tax in India
• Instant update of GST filing dashboard
This app will be updated from time to time which would provide additional tools to assist tax payer remain complaint with various statutory requirements.
How The App Works
MyIndiataxes App – once downloaded, Tax payer is required to enter mobile number and he receives OTP to activate the App.
Tax Calculator for AY 20-21 and 21-22 may be used covering income from,
a. Salary
b. House Property
c. Capital Gains
d. Business
e. Other Sources
The App further provides entry of payments and investments made which qualify deduction under chapter VI-A where-in eligible deductions are computed and reduce Income from various chapters to arrive at Taxable Income.
The App further provides facility to enter details of advance tax paid along with self-assessment taxes from where interests u/s 234B and 234C are computed.
App also provides user to enter date of filing of return, thereby computes interest u/s 234A.
GST And INDirect Tax Articles
Anti-dumping duty on seamless tubes, pipes & hollow profiles of iron, alloy or non-alloy steel extended till Oct 31, 2021
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT…
DGFT extends validity of RCMCs
GOVERNMENT OF INDIAMINISTRY OF COMMERCE AND INDUSTRYDEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWAN, NEW DELHI [Issued from F.No.01/93/180/08/AM-19/PC-2(B)/e-11168] TRADE…
DGFT modifies import policy for Integrated Circuit
[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB-SECTION (ii)] GOVERNMENT OF INDIAMINISTRY OF COMMERCE AND INDUSTRYDEPARTMENT…
DGFT issues Export Authorisation for Restricted Items (Non-SCOMET) from new online Restricted Exports IT Module w.e.f. 17.05.2021
GOVERNMENT OF INDIAMINISTRY OF COMMERCE AND INDUSTRYDEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEEXPORT CELL, NEW DELHI [Issued from File: 01/91/171/004/AM22/EC/E-27846]…
CBIC releases faq on IGST exemption for import of COVID relief material
FREQUENTLY ASKED QUESTIONS Ad hoc Exemption Order No. 4/2021-Customs dated 3 May, 2021 (said Order) exempting IGST on imports of specified COVID-19…
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E- Invoices for turnover exceeding Rs 50 Crores w.e.f. 01.04.2021
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Income Tax raids Film Actress, production & Talent Management companies
Ministry of Finance Income Tax Department conducts searches in Mumbai, Maharashtra Posted On: 04 MAR…
Income Tax searches at 2 civil contractors groups of Tamil Nadu
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Income Tax Dept searches major Pharma group of Hyderabad
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I-T Dept searches leading Tiles business group of South India
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Income Tax Dept searches leading bullion trader in Tamil Nadu
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Latest Stories
Customs – CBIC expands ambit of IGCR Rules for jobwork and capital goods
GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F.No.…
CBIC revises import policy for Tur/Pigeon Peas, Moong and Urad
GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F.…
CBIC issues instruction for Special Refund and Drawback Disposal Drive from 15.05.2021 to 31.05.202
GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F.…
Tax exemption to travel concession granted by employer up to Rs 36000 – CBDT grants retrospective benefits
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION…