ITR filing in December: Belated, Revised income tax returns vs ITR-U - know the difference & details
A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...
Income Tax: 5 key points to consider before submitting proof of investments to your employer
Employees are supposed to submit proof of their investment before the end of the calendar year in order to claim exemption in ...
How you can claim deductions and save on taxes from rental income
However, rental income is taxed at the individual's slab rate. But there are deductions available on rental income for ...
Republic Business on MSN5d
Budget 2025 Expectations: Old Tax Regime To Permanently Go?
The Indian tax landscape is on the brink of transformation as Finance Minister Nirmala Sitharaman prepares to unveil Budget ...
D Gukesh's Rs 11.45 crore chess prize: Can it escape taxes under Section 10(17A) of Income Tax Act?
Under Section 10(17A) of the Income Tax Act, 1961, any payment, whether in cash or kind, made as an award or reward in the ...
india-briefing.com10d
Tax Advisory for Remote Workers in India: Optimizing Savings
We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.
LaHood’s Tax Bill: Residence-Based Tax For Americans Abroad
Rep. LaHood's new bill aims to replace U.S. citizenship-based taxation with residence-based taxation, easing burdens for ...
abp LIVE17d
6 Tax-Saving Investments To Consider Before The Year-End
By planning and finalising your investments early, you give yourself ample time to choose investments that align with your ...
The Financial Express23d
TDS on EPF Withdrawal: 30% income tax if PAN not furnished! All you need to know about PF taxation
TDS on EPF withdrawals is mandatory under Section 192A of the Income Tax Act, with specific rules for exemptions and conditions based on service duration and PAN availability.
Arise1d
NLC Opposes Exclusion of Labour in Tax Reform Bill Discussions
The NLC has demanded wider consultation on tax bills, condemning the exclusion of workers from critical policy discussions.
The Financial Express21d
Senior citizens above 75 exempted from paying income tax? Know what govt says on viral claim
family pension to be decided… Will Rs 7.5 lakh income be tax-free for senior citizens under Old Tax Regime in upcoming Union Budget? Here’s what finance ministry says Centre mulls changing ...