As the financial year of 2023-24 has ended there is a natural rush of some prudent citizens to file their Income Tax Returns. However, there is also a large section who needs to be coaxed to complete their compliances and further there are some who are totally oblivious of this requirement.
Firstly there is a misconception that only those who have taxable income, or any tax to pay, need to file an Income Tax Return. The law has become so over-arching now, that even if you have no income, but you trigger some high-value transactions, then you need to file your Income Tax Return. Who should file an Income Tax Return:
1. Any individual (male/female/senior citizen) whose total income exceeds the minimum taxable threshold is required to file an Income Tax Return.
Denne historien er fra May 2024-utgaven av Incredible Goa.
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Denne historien er fra May 2024-utgaven av Incredible Goa.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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GCCI ADVOCATES FOR ENHANCED ROAD SAFETY MEASURES IN SOUTH GOA
The GCCI team, led by Mr.Chandrakant Gawas, Chair of the Logistics Committee, along with Director General Mr. Sanjay Amonkar and Mr. Sanket Kaskar, recently met with South Goa Collector Mr. Asvin Chandru, IAS, to address pressing road safety issues in South Goa. The GCCI team, led by Mr.Chandrakant Gawas, Chair of the Logistics Committee, along with Director General Mr. Sanjay Amonkar and Mr. Sanket Kaskar, recently met with South Goa Collector Mr. Asvin Chandru, IAS, to address pressing road safety issues in South Goa.
RATAN TATA, VISIONARY INDUSTRIALIST AND NATIONAL ICON, PASSES AWAY AT 86
Ratan Naval Tata, the esteemed industrialist and chairman emeritus of Tata Sons, has passed away at 86, leaving a profound impact on India's industry and philanthropy.
GOA CM ORDERS BOOZE TESTS AT BORDERS AMID RISE IN DRUNK DRIVING CASES
In light of a recent spike in alcohol-related road accidents, Goa's Chief Minister Pramod Sawant has implemented new measures, mandating alcometer testing for drivers at state borders.
10 SUPREME COURT'S LANDMARK JUDGEMENT IN SAFARI RETREATS CASE
the Supreme Court has opened up a pandora's box wherein if the facts and circumstances suit the taxpayer, he can pray that the building constructed by him is in nature of \"plant\" i.e. it serves some special requirements needed to conduct business and is not merely built to house the factory etc.
LOSE WEIGHT WITH STRENGTH TRAINING
MRT incorporates periods of intense work followed by a short rest period. A small study showed that interval exercise was more effective than moderateintensity continuous exercise for increasing energy expenditure and the number of calories burned. When done correctly, MRT can be the best way to skyrocket your heart rate and keep your body burning fat throughout the rest of the day.
GOA ADVANCES TOWARDS BECOMING INDIA'S CREATIVE CAPITAL WITH PROPOSED DESIGN POLICY
The Creative Community of Goa (CCG), a network aiming to position Goa as India's Design Capital, recently hosted the 8th edition of 'First Fridays' at Villtrans Pvt. Ltd., Fatorda.
PANAJI LEADS WITH INDIA'S FIRST FULLY AUTOMATED VACUUM SEWER SYSTEM FOR LOW-LYING AREAS
Imagine Panaji Smart City Development Ltd (IPSCDL), in partnership with the Public Works Department of Goa and under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), has inaugurated India's first fully automated vacuum sewer system, specifically serving Panaji's lowlying areas.
EMPOWERING WOMEN FOODPRENEURS: GCCI'S FSSAI LICENSING MELA IN SOUTH GOA
Following the success of a recent FSSAI Licensing Mela and Labeling & Packaging Workshop in North Goa, the Women's Wing Committee of the Goa Chamber of Commerce and Industry (GCCI), in collaboration with the Directorate of Food and Drugs Administration and the DRDA (South), organized another impactful FSSAI Licensing Mela on Tuesday, October 1, 2024.
SCREENTIME TO GREENTIME Encouraging Outdoor Adventures For Children
With the onset of Diwali vacations, children across the country will find themselves idle, leading to the ultimate question: \"What do we do?\" Most parents, dealing with their professional lives, often opt for the easy solution of handing their children a mobile phone or tablet to keep them occupied and out of the way.
NARKASURA A Majestic Highlight of Goan Diwali Celebrations
The festival of lights is celebrated with great vitality across India, marked by the lighting of diyas and the sharing of sweets.
