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Income tax

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Tue, Dec 17, 2024

How to save tax: With the right strategy and investment, anyone can save up to Rs 8 lakh in income tax. Here are 10 effective ways that will not only help you keep more of your income but also support your financial planning.

Zomato gets Rs 803.4 crore tax demand from GST authorities

Zomato gets Rs 803.4 crore tax demand from GST authorities

Thu, Dec 12, 2024

Food delivery aggregator Zomato on Thursday said the GST department in Thane has imposed a tax demand of Rs 803.4 crore, including interest and penalty. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon, Zomato said in a regulatory filing.

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-November

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-November

Thu, Dec 12, 2024

This year-on-year surge showcases not only the capacity of the system but also the proactive engagement of taxpayers in adhering to filing deadlines.

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Waiting for the income tax refund? Get your money back, just do this

Waiting for the income tax refund? Get your money back, just do this

Mon, Nov 11, 2019

Income tax refund: In case a taxpayer has paid more money in taxes than her total tax liability, she will be eligible for an income tax refund and that too in a timely manner.

EPFO alert! Have this PF account? It can help your money grow; experts show you the money

EPFO alert! Have this PF account? It can help your money grow; experts show you the money

Mon, Nov 11, 2019

EPFO rules say if there is no contribution in Provident Fund (PF) account for three years, it becomes an inactive or dormant, but it will continue to accrue interest.

Tips to become rich! This Post Office scheme yields more than many bank FDs; gives tax exemption too

Tips to become rich! This Post Office scheme yields more than many bank FDs; gives tax exemption too

Fri, Nov 08, 2019

Post Office National Saving Scheme is similar to a bank deposit. Like PPF, investment up to Rs 1.5 lakh in Post Office NSC is also income tax exempted under Section 80C.

Gold, jewelry owner? Follow these rules or you will face embarrassment at Income-Tax department's hands

Gold, jewelry owner? Follow these rules or you will face embarrassment at Income-Tax department's hands

Wed, Nov 06, 2019

Your income tax form will ask for details about the wealth that you posses and that includes gold, silver and jewelry.

Do you have gold, jewelry at home? You must know these Income Tax, DBDT rule

Do you have gold, jewelry at home? You must know these Income Tax, DBDT rule

Tue, Nov 05, 2019

Gold, jewelry rule: Income-Tax department can't ask about the gold possession up to 500 gms from a married woman, for an unmarried woman this limit is 250 gms.

Get PAN card in minutes! Income Tax is bringing this new facility

Get PAN card in minutes! Income Tax is bringing this new facility

Tue, Nov 05, 2019

It's now easier to make a PAN card for individuals. Now anyone can get a PAN card within minutes, just after applying. The Income Tax Department is all set to launch a new facility to deliver PAN cards to people. In this, the details of the applicant will be verified through Aadhaar and PAN details will be verified from the base itself.

Homebuyers to get income tax rebate on housing loan

Homebuyers to get income tax rebate on housing loan

Thu, Oct 31, 2019

BIG GIFT! Massive boost for Real Estate sector coming. Homebuyers to get an income tax rebate on housing loan

Income Tax Calculator: Check you income tax liability for AY2019-20

Income Tax Calculator: Check you income tax liability for AY2019-20

Thu, Oct 31, 2019

Income Tax Calculator 2019: The Indian constitution has empowered both center and state governments to impose taxes under the purview of their administration.

Income Tax Calculator: Check you income tax outgo for AY2019-20

Income Tax Calculator: Check you income tax outgo for AY2019-20

Wed, Oct 30, 2019

The Indian constitution has empowered both center and state governments to impose taxes under the purview of their administration.

Income Tax alert! Last date to do this work is October 31, check all details here

Income Tax alert! Last date to do this work is October 31, check all details here

Mon, Oct 28, 2019

According to the CBDT, there was a demand by taxpayers across the country that the last date of ITR and tax audit report should be extended from 30 September to 31 October.

Aadhaar Card, PAN Card Linking: Ease of ITR filing to PAN card security; Here are your top 5 benefits

Aadhaar Card, PAN Card Linking: Ease of ITR filing to PAN card security; Here are your top 5 benefits

Mon, Oct 28, 2019

Aadhaar card - PAN card linking helps both the government and the earning individual. Once your Aadhaar is linked with your PAN card, one can't have more than one PAN card.

Income Tax Calculator AY2019-20: Here is how to calculate your tax liability on Budget 2019 proposals

Income Tax Calculator AY2019-20: Here is how to calculate your tax liability on Budget 2019 proposals

Thu, Oct 24, 2019

Income Tax Calculator AY2019-20: To provide tax relief to the salaried taxpayers, the Narendra Modi Government left the income tax slab for AY2019-20 unchanged.

ITR Filing: Filing return? First, know this IMPORTANT THING through income tax calculator

ITR Filing: Filing return? First, know this IMPORTANT THING through income tax calculator

Wed, Oct 23, 2019

Income Tax Return Filing: One should find out the income tax allowance being given to an earning individual under the Income Tax Act 1961.

Income Tax Calculator 2019: Those who want to save money, need to know this, else will face trouble

Income Tax Calculator 2019: Those who want to save money, need to know this, else will face trouble

Wed, Oct 23, 2019

Income Tax Calculator 2019: In her Union Budget speech on July 5th, FM Sitharaman had proposed to hike the surcharge on high earning individuals earning Rs 2 crores and above.

Income Tax Calculator: Salaried employee? Check your tax outgo in 2 minutes

Income Tax Calculator: Salaried employee? Check your tax outgo in 2 minutes

Mon, Oct 21, 2019

This Income Tax Calculator is easy to access and can help you calculate your income tax liability within 2 minutes.

Income Tax calculator: Check your latest ITR according to current slabs

Income Tax calculator: Check your latest ITR according to current slabs

Sun, Oct 20, 2019

Income Tax calculator: As per the latest Income Tax slabs 2019, the individual taxpayers with net taxable income up to Rs 5 lakh get full rebate under section 87A. As per the Finance Bill, the new rebate amount has been increased to Rs 12,500 from Rs 2,500, earlier.

How to become a crorepati: Big EPFO impact! Turn just Rs 66 into MASSIVE Rs 1 crore in wealth

How to become a crorepati: Big EPFO impact! Turn just Rs 66 into MASSIVE Rs 1 crore in wealth

Thu, Oct 17, 2019

How to become crorepati: An employee can choose to contribute Voluntary Provident Fund or VPF in his EPFO account as it would help him or her garner an additional 0.75 interest more than the PPF investment.

Income Tax filing: Paid more money? Company deducted excess amount? DO THIS to get refund

Income Tax filing: Paid more money? Company deducted excess amount? DO THIS to get refund

Wed, Oct 09, 2019

In case you, as a taxpayer, have paid taxes in excess of your total liability to the Income-Tax department, then you are eligible for an income tax refund.

Income Tax: Is it mandatory to file ITR even if your annual income is less than Rs 5 lakh/annum?

Income Tax: Is it mandatory to file ITR even if your annual income is less than Rs 5 lakh/annum?

Tue, Oct 08, 2019

Income Tax Return Alert: If your income is up to Rs 5 Lakhs you pay zero tax, but you must still file ITR.

Income Tax ALERT! EPFO subscriber? Senior citizen? You can save more money! Here is how

Income Tax ALERT! EPFO subscriber? Senior citizen? You can save more money! Here is how

Tue, Oct 08, 2019

Income Tax Alert: If you are a senior citizen and your taxable income is above Rs 5 lakh, then you come under the purview of income tax outgo.

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