For the financial year 2020, the Department of Income Tax has issued a guideline for the tax payers mentioning all the tax filing deadlines. This calendar is designed to make it easier for individuals to file their Income tax return and match their journey.
The income tax department also sent out an email to the taxpayers mentioning that they hope this calendar will make the tax-filing journey easier for all of them. The important due dates in the calendar are given below so that the taxpayers do not miss a thing. If you haven’t filed your ITR for the last year then you have time till March 31, and the dates go as follows:
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ