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Moonlighting comes under taxman’s glare
Doing additional work and earning is good for financial position but it also needs to be disclosed as income in the ITR
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Advance tax: When is it due, how much needs to be paid?
Income tax for the year you're earning, needs to be paid in the next financial year, while advance tax needs to be paid during the earning financial y
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Changed jobs? Reconcile Form 16 before ITR filing
When changing jobs in a financial year, employees should share salary details from the previous company to the new company using Form 12B
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Spend carefully through credit card, stave off I-T notice
Credit cards are a useful for ease of shopping but any extravagant spending beyond your means can end up with a inco
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Link your Aadhaar-PAN before it’s too late!
If you haven't linked your PAN with Aadhaar by the deadline of June 2023, then your PAN would have become inactive. But you can still file returns.
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Use this index to save taxes on your profit!
Cost Inflation Index is used to calculate the real profit from sale of a capital asset like property, gold, unlisted shares by adjusting to inflation
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RBI could pay Rs 1 lakh cr dividend
In FY24, the RBI transferred Rs 87,416 crore to the government and if the figure of Rs 1 lakh crore is achieved, it would be more than 14% higher than
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Pay attention to credit score
While loans may sometimes be easily accessible, there are occasions when both banks and non-banking financial institutions decline loan requests
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Dont make these mistakes, lest you get an Income tax notice
If you deposit more than Rs 1 lakh in cash at a single go towards your credit card bills, the Income Tax Department may send you a notice. Not only th
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Net I-T collections zoom 20% to Rs 19 lakh cr
Income-tax collections have risen sharply on back of high advance tax collection
