-
No Refund Despite ITR Filing? Here’s why.
Typically, tax refund comes within 10 to 15 days after filing the ITR. However, in many cases, it can take a month or two and there can be various rea
-
Banks want bigger tax breaks on interest
As the demand for loans is increasing rapidly in the country, there is no corresponding increase in deposits. This is causing difficulties for banks i
-
Filing season begins, check all forms before filing ITRs
If you are a salaried individual, it's beneficial to wait a little before filing your returns as updated AIS and 26AS would be uploaded on the site
-
Moonlighting comes under taxman’s glare
Doing additional work and earning is good for financial position but it also needs to be disclosed as income in the ITR
-
Advance tax: When is it due, how much needs to be paid?
Income tax for the year you're earning, needs to be paid in the next financial year, while advance tax needs to be paid during the earning financial y
-
Changed jobs? Reconcile Form 16 before ITR filing
When changing jobs in a financial year, employees should share salary details from the previous company to the new company using Form 12B
-
Your Diwali bonus will also face tax!
If an employee receives money from the company in cash or in his account, then it will be considered as Income From Salary
-
Crypto continues to lose its sheen
Yesterday, after the Fed decided to keep the benchmark interest rate unchanged between 5.25-5.5%, bitcoin fell 0.6% over the last 24 hours to trade at
-
TDS rules on buying a house: 3 key things you must know
The buyer of the house needs to deduct tax when making a payment to the seller. The applicable rate of TDS is 1% of the transaction value.
-
NPIs must update residential status to operationalise PAN
The department has issued a clarification regarding PAN of NRIs getting inoperational and the steps to make it operational again
