All posts tagged "TAX"
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62ITRWhy have TCS employees received tax demand notices, and what to do if you get one
Employees of India’s largest IT services company, Tata Consultancy Services (TCS), have received income tax notices about discrepancies in their tax deduction...
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31FINANCE
Can taxpayers use TCS to meet their advance tax obligations?
An individual is generally liable to pay advance tax, when their total tax liability for the financial year exceeds Rs 10,000 after...
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51EPFOEPFO Rules: You face 30% tax on PF withdrawals over Rs 50,000 in THIS scenario
To ensure tax-free EPF withdrawals, subscribers must complete 5 years of contributions, with TDS of 10% for withdrawals over Rs 50,000 if...
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91ITRIncome tax news: Can I deduct tax in the husband’s name and pay the balance amount to the wife for property purchase?
As per Section 194IA, the tax must be deducted from payments to joint property owners based on their contribution. The husband’s request...
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80ITRIncome Tax Act Review To Wrap Up In 6 Months, Says CBDT Chairman
The task of reviewing the Income Tax Act of 1961 will be completed in the given timeframe, CBDT Chairman Ravi Agrawal said...
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66ITRIncome tax benefits for resident vs non-resident taxpayers explained
Residents in India enjoy varying tax benefits based on age and regime, while non-residents have uniform limits. Rebates and deductions differ for...
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81FINANCEGST on health and life insurance: How much do tax rates impact your premiums? check here
GST on insurance: How much do GST rates impact your insurance premiums? Will they reduce after a possible rate cut? Check how...
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80FINANCENPS helps save tax in new regime, how to invest
Mumbai-based business analyst Sandesh Gupta pays a high tax because his salary is not very tax-efficient and he has opted for the...
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82NEWSGovt will not relax its Rs 32,000-crore tax demand on Infosys: Report
The Indian government is not considering any relaxation over the Rs 32,000-crore tax demand it sent to Infosys Ltd, Reuters reported on August...
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43ITRBogus Tax Refund Claims Could Land You In Trouble; IT Dept Issues Warning
The IT Department has asked income tax return filers to not make bogus claims for expenses, underreport earnings or exaggerate deductions. The...
