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Your Diwali bonus will also face tax!
If an employee receives money from the company in cash or in his account, then it will be considered as Income From Salary
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53% of FY24 I-T collected till Oct 9
The collection appears all the more remarkable since it comes on the back of a lacklustre performance on the corporate tax front
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Don’t get conned on social media
In today's digital age, any of your personal information like name, address and phone number is not limited to your acquintances or relatives.
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This email can take your finances off rail
Fraudulent emails and messages are being sent in the name of income tax notices. They claim that you've made a mistake in filing your ITR and offer
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Taxman turns focus on moonlighting
Moonlighting is not illegal in India where many do it to supplement their income. However, the income from such secondary job/business are subject to
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Multiple bank accounts? Can be financial burden
A large number of people are changing jobs frequently. This leads to multiple bank accounts. If you have more than one bank account, then, such accoun
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Errors in filing ITRs? A notice may be on its way
Income-tax department can issue notices to taxpayers for several reasons. Always respond to these notices.
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TDS rules on buying a house: 3 key things you must know
The buyer of the house needs to deduct tax when making a payment to the seller. The applicable rate of TDS is 1% of the transaction value.
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How to check your I-T refund status
Tax experts say that currently refunds are taking 7 to 15 days. The taxpayer should keep checking the status of refund from time to time.
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Robust indicators script buoyant start to Q2
Economic indicators appeared upbeat to give the second quarter of the current financial year a rousing start with robust GST collections, rise in ITR
