It is important for gamblers to understand that they have to comply with the legislation regarding taxes and gambling in their country. Tax laws differ from one country to another, which is... Read more »
Researching tax benefits on your mutual funds returns is often a head-scratching and thankless exercise. It’s a boring and highly effortful task, nobody enjoys doing. But at the same time, there are... Read more »
In India, most of us perceive tax saving investments only as a way to avail tax deductions on the contributions made, while neglecting their other benefits. Hence, a large number of salaried... Read more »
The earning class of the society has to pay income tax. There are no two ways to this. The higher you earn the higher tax you have to pay. For as long... Read more »
Have you been looking for a few common investments in India to park your money in? Fret not, with this blog you will get a clear understanding of a few significantly common... Read more »
The due date for filing of Income Tax Returns and Audit Reports for Assessment Year 2018-19 is 30th September, 2018 for certain categories of taxpayers. Central Board of Direct Taxes(CBDT) had earlier... Read more »
Did you file your Income Tax Return (ITR) on time and think that your job is done? Well, it is not over yet. The government of India has made ITR verification mandatory.... Read more »
With so many taxes going around, it becomes a daunting task for a new taxpayer or a start-up to worry about them all. Knowing them individually and how they apply to you... Read more »
Extension of date for filing of Income Tax Returns for taxpayers in Kerala The Central Board of Direct Taxes(CBDT) had earlier extended the ‘due date’ for filing of Income Tax Returns from 31st... Read more »
The interest people receive on their savings bank account is considered as their income. Moreover, it is taxable. Then also, people get tax exemption on bank interest. It is offered by Section... Read more »
Nowadays planning regarding retirement is a sought-after topic among people of various age groups. There are a lot of investment options also available, which makes it cumbersome for people to rope into... Read more »
The interest people receive on their savings bank account is considered as their income. Moreover, it is taxable. Then also, people get tax exemption on bank interest. It is offered by Section... Read more »
Now finally it seems that the government won’t be taking the prosecution of tax defaulters lightly. The income tax department has ushered in prosecution in almost 7,700 cases during 2017-18. This is... Read more »
India’s banking industry is currently in a state of dilemma. Banks such as State Bank of India, ICICI Bank, Axis Bank etc. have been asked to pay the ‘free services’ tax provided... Read more »
Tax filing time for Assessment Year 2016-2017 is here. July 31 is the last date to file your taxes. In essence, the scramble has begun among the working folk to get their... Read more »