Maximum Tax Exemption Limit in India for FY 2015-16
Tax Deducted at Source latest new TDS Rates Chart for FY 2016-17 AY 2017-18 pic
The deadline for filing your return this year has been extended to 31 August, so you have about six weeks to file your return.
For those who think the Indian authorities are a tenacious lot, they aint seen nothin yet, namely the US Internal Revenue Service in action.
Tax-shield your retirement corpus
types of capital gain tax
To be sure, not reporting a small amount of interest income or claiming a deduction incorrectly rank very low in the hierarchy of tax offences.