The government has notified October 1 as the starting date for direct tax dispute resolution scheme Vivad Se Vishwas 2.0. The government...
There are several government savings schemes that offer good returns along with tax benefits. These investment options cater to different needs of...
Tax authorities can file appeals before the ITAT, high courts and Supreme Court, if the disputed tax demand exceeds Rs 60 lakh,...
Advance tax payments are split into four installments with specific due dates: 15% by June 15, 45% by September 15, 75% by...
Income Tax: Salaried employees can optimise their taxes by leveraging deductions such as 80C and 80D, and by making contributions to the...
In India, gifts above ₹50,000 from non-relatives incur tax, while those from close relatives remain exempt. Understanding these tax rules and the importance...
Saving on income tax is a goal for many families, and the financial partnership between husband and wife can be a great...
Rent is a big part of life for millions of people in India, whether you’re paying it as a tenant or earning...
Employees of India’s largest IT services company, Tata Consultancy Services (TCS), have received income tax notices about discrepancies in their tax deduction...
Many individual taxpayers tend to assume that advance tax payments are applicable only to businesspersons, companies and corporates. However, you might have...