Compliance calender
The Greater Chennai Corporation, by way of a council resolution dated 11-May-2018, has made changes to Profession Tax. The revised tax slabs for salaried employees in Chennai are as follows.
Salar...
FY 2017-18 –Filing ITR-1 on the Basis of Form 16
Each year, employers issue Form 16, the statement of salary paid and income tax deducted, to employees, and employees use the information in Form 16 to file their income tax return (ITR) using a tax return form such as ITR-1. Until last year (AY 2017-18), the format of ITR-1 was such that ...