The Central Board of Direct Taxes (CBDT) has issued detailed guidelines on facilitating tax deducted at source (TDS) on virtual digital assets (VDA) or crypto assets, under which date of transfer and mode of payment will have to be specified. From July 1, TDS of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, as the Finance Act 2022 has introduced Section 194S in the income tax (I-T) Act. The department has explained different scenarios through six questions to remove difficulties.
Here are some frequently asked questions about the one rank, one pension scheme
Here's what you must know about buying and selling of mutual funds online.
US Consular Officers hosted a chat with readers to address their queries and doubts. The transcript.
Vice Consuls from the US Consulate General, Mumbai hosted a chat on July 10, 2009. For those of you who missed the chat, here's the unedited transcript.
'The corruption charges in FCI are not the first and won't be the last.'
Wondering what Article 370 is all about and why it is it so contentious? Read this FAQ.
A Rs 36 billion deal for helicopters to ferry VVIPs that ran into rough weather ... A controversy that now threatens to park itself at the doorsteps of the Congress party... Nitin Gokhale, NDTV's Security & Strategic Affairs Editor, tells us what the controversy is all about.
International education consultant NNS Chandra shares advice on how to pick the right international education.
This article aims at shattering some myths surrounding Swiss bank accounts by answering some very basic questions.
As the final countdown to CAT 2010 begins, Vinayak Kudva of IMS Learning Resources tackles some of the most frequently asked questions during this stage.
Banks have started refunding borrowers the compound interest charged on specified loan accounts during the moratorium period. Last week, the Reserve Bank of India (RBI) had asked all lending institutions, including non-banking financial companies, to ensure that the scheme of waiver of interest on interest for loans up to Rs 2 crore for the six-month moratorium period is implemented by November 5.
Agriculture and allied activity loans are not eligible for the interest on interest waiver announced by the government last week, the finance ministry has clarified.
What are the tax implications when you invest in real estate or any immovable property? Read on to find out.
Tax benefits can be claimed on both the principal and interest components of the home loan as per the Income Tax Act. These deductions are available to assesses, who have taken a loan to either buy or build a house.
Collegepond.com, a career guidance company responds to student queries on international admissions.
In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
Here are top 10 most commonly asked questions during an interview and how to answer them impressively.
The central bank had advised all system providers to ensure that within a period of six months, the entire data relating to payment systems operated by them is stored in a system only in India.
One of the country's foremost constitutional lawyers and former solicitor-general Harish Salve took time off his busy schedule to demystify the trust vote, exclusively for rediff.com
The flame over the age-old Mullaperiyar dam row has once again reached Parliament's doorsteps. None of the two conflicting parties -- namely governments in Tamil Nadu and Kerala -- seem to be in a mood to back off, and the controversy is set to become an additional headache for the already cornered UPA government at the Centre. Rediif.com tries to explain the different contours of the issue.
The flame over the age-old Mullaperiyar dam row has once again reached Parliament's doorsteps. None of the two conflicting parties -- namely governments in Tamil Nadu and Kerala -- seem to be in a mood to back off, and the controversy is set to become an additional headache for the already cornered UPA government at the Centre. Rediif.com tries to explain the different contours of the issue.
Here we present a FAQ on the present model of regulation of different forms of media.
The finance ministry also said the maximum funding will be Rs 400 crore for any single project that will be seeking assistance from the 'special window' for completion of the 1,508 projects comprising about 4.58 lakh units.
After 20 months of hectic negotiations, Iran and six major powers have reached a historic deal to limit Teheran's nuclear programme in return for lifting of sanctions. Let's understand closely what the deal is all about.
The FAQ also clarified that companies, including Titan, which supplies watches and jewels through their own websites will not be considered as e-commerce operators
Rediff.com gives you a lowdown on the NSCN-K.
These facilities can only be used for transferring money within the country.
Here's what you must know in the lead-up to the biggest political event of the past five years, and why it matters
The government's acquisition of land for projects has been facing protests across the country, the violence in Uttar Pradesh being only the latest. As people's power collides with public projects, MR Madhavan explains what land acquisition is all about
Rediff.com gives you a lowdown on the net neutrality issue that is today part of the national discourse.
Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India.
The ministry further stated that it was advisable to receive a complete schedule of the anti-coronavirus vaccine irrespective of past history of infection with COVID-19 as this will help in developing a strong immune response against the disease.
Vinayak Kudva, IMS Learning Resources, addresses some of the most frequently asked questions CAT candidates have in the last month of prep.
The Graduate Record Examination is an important test for admission into masters and doctoral programmes in the US.
Here are answers to some of the frequently answered questions on the new Post Office Bill.
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