Capital Gains From Equities: It’s time to save money with tax harvesting As the current financial year will end in a week’s time, equity investors should go for tax harvesting before March… March 23, 2022 00:15 IST
Income Tax: Want to avail double deductions on investment, rental incomes etc? Here is a way People having high salaries not only need to pay tax on salary income, but also on investment income as well… Updated: March 22, 2022 23:34 IST
Income Tax Calculation: Disappointment as Modi govt makes this big clarification before April 1 Income Tax Calculation: The minister also said that while computing the income from transfer of VDA, no deduction in respect… Updated: March 21, 2022 18:48 IST
Last-Minute Tax Planning: 6 things to do before March 31 Taxpayers may need to consider this fact if they propose to book long term capital gains to claim this exemption. March 21, 2022 09:01 IST
Your Queries – Income Tax: You can take deduction up to Rs 3 lakh on royalty income In either of the cases, a deduction up to an amount of Rs 3 lakh from royalty income under Section… March 21, 2022 03:00 IST
5-year tax saver fixed deposit: Interest rate, taxation and features to know before you invest All banks provide tax saving FDs that come with a fixed rate of interest and also help taxpayers save income… March 18, 2022 17:39 IST
ITR filing up 3% at 66.3 million till March 15 On March 15, which was the due date for filing of ITRs by companies and other taxpayers who were required… March 17, 2022 01:26 IST
Over 6.63 crore ITRs for FY21 filed till March 15 March 15 was the last date for filing ITRs for 2020-21 fiscal by corporates and other taxpayers who have to… March 16, 2022 21:06 IST
Tax Talk: Do we need to review dividend, bonus stripping provisions? Bonus stripping is another similar strategy of buying the units of a fund with an intent to earn bonus units… March 16, 2022 02:00 IST
Over 8.22 crore taxpayers in FY20, Nirmala Sitharaman informs Rajya Sabha “Total number of taxpayers for AY 2020-21 is 8,22,83,407,” Sitharaman said. March 15, 2022 17:23 IST
Have PAN Card, Aadhaar? You will have to pay Rs 1000 fine for not doing this before April 1 Fine for not linking PAN Card-Aadhaar Card: Not linking PAN and Aadhaar by March 31, 2022 may cost you Rs… Updated: March 14, 2022 15:39 IST
Not received your income tax refund yet? Know the possible reasons and how to deal with it The new income tax portal has expedited the return processing, because of which over 4.5 crore returns have already been… March 12, 2022 19:43 IST
7 personal finance and income tax related tasks to complete before March 31 The financial year 2021-22 is coming to a close and there are several income tax and other investment related tasks… March 11, 2022 17:52 IST
Your queries: Income Tax | Consider FMV on Jan 31, 2018 as acquisition cost for shares bought a long time ago Where the actual acquisition cost of these shares is not available, you may consider the FMV as on January 31,… March 9, 2022 05:20 IST
Income Tax on Cash Gift to Wife: How much cash you can gift on Women’s Day without tax implications Tax on Cash Gift to Wife: Experts say that cash gift up to Rs 50,000 from anyone will not have… March 8, 2022 07:46 IST
Tax Talk: Time to rethink the personal-tax slabs It is hoped that when the government goes to Parliament to get the Budget approved, it will change the tax… March 8, 2022 05:15 IST
Engage with assessees on Saturday: FM to taxmen “I am sorry, the boards will have to do better. Keep yourself available on Saturdays and also over phone and… March 8, 2022 01:11 IST
Nirmala Sitharaman raps CBDT and CBIC for not addressing tax assessees’ grievances Asking the boards to do better, Sitharaman repeated that they have to keep their Saturdays reserved for the assessees. March 7, 2022 18:16 IST
Southern Railway to run Special Trains connecting Gujarat, Maharashtra and Tamil Nadu – Full list, schedule, route