FINANCE
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1.2KPost Office deposits: Interest rate, income tax benefits explained in 10 points
Post offices offer several saving schemes across different time periods with different interest rates. One such saving scheme offered by India Post...
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799Real estate investments: Commercial segment emerges winner
Reforms such as the Real Estate (Regulation and Development) Act, the Benami Transactions (Prohibition) Amended Act, India’s Housing for All Mission, and...
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1.7KBlack Money Act: Income tax department issues notices involving Rs 12,000 crore
The income tax (I-T) department has issued notices in 384 cases involving undisclosed foreign assets and income of over Rs 12,260 crore...
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1.3KITR Filing: Good News! Income tax return filing process simplified; Big relief in LTCG from CBDT
For all those taxpayers who have to report long-term capital gains (LTCG), especially from equity shares and equity mutual funds in the...
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799No changes in ITR forms, software utility being updated, clarifies CBDT
Issuing clarification on reports of taxpayers facing difficulties in filing Income Tax Returns (ITR) due to “large-scale changes” in the forms, the...
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952Salaried taxpayers beware! Claiming false HRA, other benefits through ITR may land you in trouble
To save some extra tax, many taxpayers, in their Income Tax Return (ITR), show that they are staying in rented accommodations by...
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1.1K
If there is no fresh contribution to PF, interest earned thereafter is taxable
I left my job in December 2016 when I was 53 years old. Will I be continually earning interest on Employees’ Provident Fund (EPF)...
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816Government plans one-time amnesty scheme for old Income-Tax cases
A government task force could recommend a one-time amnesty to resolve legacy income-tax disputes worth at least Rs 8 lakh crore, according...
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652DHFL gets a breather; lenders offer another week for resolution plan
Lenders to the troubled Dewan Housing Finance (DHFL) are understood to have given the intermediary another week or so to come up...
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778Gifts received from specific relatives are not taxable – check details
I have given a cheque of Rs 10 lakh to my brother to spend for his marriage. Will he have to pay...
