If you and your wife own the flat equally, the rental income will be split in the same proportion. If the ownership...
The number of taxpayers with more than ₹1 crore of taxable income rose by more than five times to just under 2.3 lakh...
Diwali is just around the corner, and with it comes the excitement of receiving gifts and bonuses from your employer. However, what...
New Delhi: There was a lot of confusion regarding payment of GST on housing rent. However, the government has clarified on the...
A non-resident Indian (NRI) receives gratuity and leave encashment on termination of his job contract. Is this amount taxable in India? The...
Provident Fund Latest Update: To withdraw money, the EPFO subscribers need to have an active Universal Account Number (UAN). Provident Fund New...
The new taxpayer-friendly portal has been integrated with the immediate processing of Income Tax Returns to issue quick refunds to the taxpayers....
Budget 2021: Instances have come to the notice where some employees are contributing huge amounts to these funds and entire interest is...
By Chaitali Dutta I was a guarantor for a friend’s housing loan. He has defaulted on the EMI for the past six...
You may be liable to file your income tax return (ITR) this time even if your income was below the taxable limit...