Why 15th July is the deadline for tax?

tax day

It was previously supposed to be April 15, 2020, but the sudden outbreak of Covid-19 has forced the government to add some changes in the due dates of federal taxes and other deadlines. Image courtesy: https://www.forbes.com/sites/kellyphillipserb/2020/03/11/panicked-about-tax-season-heres-how-to-file-for-extension-in-2020/#1172250f28ae IRS has provided relief for the taxpayers just by…

What is Form 15g? Benefits of Submitting form 15g

form-15g

Banks deduct Tax Deducted at Source (TDS) when premium pay earned by an individual is more than INR 10,000. However, on the off chance that your all out pay is underneath as far as possible, you can submit Form 15G to the bank mentioning them…