Investment banking star and Moelis India Chief Executive Officer Manisha Girotra remembers a colleague who wanted to resign because she needed to attend to her parents' health issues in a different state. Rather than quit a promising career, she was given the flexibility of working from home on Fridays, which was unusual in the pre-pandemic days. This allowed her to take care of her parents' visits to the doctor and other health-related needs without quitting her job. She would be back in the city office on Mondays.
The Finance Ministry on Monday made it mandatory for all companies to file income tax returns electronically with digital signatures, a move that will facilitate faster filing of I-T returns by India Inc.
Use of the incorrect form will result in your return being treated as defective, points out Suresh Surana, founder, RSM India.
The Netherlands all-rounder Ryan ten Doeschate's brilliant all-round effort went in vain as England huffed and puffed their way to a six-wicket win in a Group B encounter of the World Cup in Nagpur on Tuesday.
Manchester City and United ground out a tepid 0-0 draw as Michael Essien's goal earned Chelsea a 1-0 victory over Fulham and a four-point cushion at the top of the Premier League on Wednesday.
22-year-old Simone Biles collected a record-extending 15th gold medal at the Gymnastics World Championships.
Doesn't matter if Enron or Lehman didn't tell the truth - they aren't Indians, says Sunanda K Datta-Ray.
Sri Lanka huffed and puffed to a three-wicket win over New Zealand in the second ODI of the cricket tri-series and helped India reclaim the second spot in the ICC ODI team rankings, in Dambulla on Friday.
Irrfan, Deepak Dobriyal, Radhika Madan, Ranvir Shorey, Pankaj Tripathi are all lovely, but make little sense in Angrezi Medium's muddled context, complains Sukanya Verma.
In a few months' time the taxman will coming knocking on your door.
While all eyes are on Roger Federer and Serena Williams, who begin the defence of their US Open titles at Flushing Meadows on Monday, at look at some lower-ranked players who could make an impact last Grand Slam of the year.
Real Madrid's French duo Karim Benzema and Ferland Mendy struck in the second half as the Spanish champions overcame an injury crisis to beat Getafe 2-0 at home on Tuesday and close the gap to La Liga leaders Atletico Madrid to five points.
Australia's misery continued, with New Zealand beating them by two wickets in Perth on Sunday in a low-scoring first ODI in the five-match ODI series. Chasing a victory target of 182, New Zealand huffed and puffed before Ross Taylor (64) propped them. Needing five runs off the last over, the Kiwis levelled the score with the fifth ball before captain Daniel Vettori hit a boundary off the last delivery from Nathan Bracken for a memorable win.
New coach Julen Lopetegui has been tasked with rebuilding the side following the Portugal forward's departure and the early signs are good, with Real already looking more of a unit than a collection of individuals.
Sanath Kumar and Dada Nabeel found the net as Karnataka drew curtains to Maharashtra's semi-final hopes, beating them 2-0, while Goa got the better of Services by a solitary goal in league matches of the 63rd Santosh Trophy National Football Championship in Chennai on Friday.
Indian second seed Isha Lakhani was given a scare by Australian rival Renee Binnie before winning their second round clash to enter the quarter-finals of the USD 10,000 ITF Women's Futures Tennis Tournament in Mumbai on Wednesday.
A late extra-time goal by Gourmangi Singh gave India a 2-1 victory over Bhutan in the semi-final of the tournament.
A 'will' unlocks many exclusive tax advantages which are otherwise not available to taxpayers. Here are five important ways in which a will can save you tax. . .
The nuclear pact is not an issue any longer, it can still serve as an excuse for calling a general election before it is due.
Under the provisions of Section 10(1) of the Income Tax Act, agricultural income is fully exempt from income tax. However, for individuals or HUFs when agricultural income is in excess of Rs. 5,000, it is aggregated with the total income for the purposes of computing tax on the total income in a manner which results into "no" tax on agricultural income but an increased income tax on the other income.
Gujarat huffed and puffed their way to a narrow 20-run lead over Railways, riding on a patient innings of 107 from opener Nilesh Modi, on the third day of the five-day Ranji Trophy Plate Division final at the Brabourne Stadium on Monday.
Navdeep Saini led an impressive bowling display and managed to beat West Indies by four wickets in their first T20 International match
The first step in tax saving through family tax planning is to adopt the concept of divide and rule. The simple rule is that each family member must have his or her independent source of income so as to legally become an independent tax payer under the provisions of the income tax law. Under the income tax law it is not possible to arbitrarily divide one's income amongst different members of the family - and then pay lower tax in the names of different family members.
India beat Bangladesh by a solitary goal to register their second straight victory in the Nehru Cup football tournament.
It is mandatory for everybody to enter his/her PAN
Usually, the Income Tax Department notifies the ITR forms in the first week of April of the relevant assessment year. However, in contrast to the old practice, it has notified two ITR forms ITR-1 and ITR-4 for the assessment year 2020-21 in the first week of January.
8 new I-T returns now replace the old Saral forms. Of these, 4 are for individuals and HUFs, and the rest for companies, charitable, religious, political and non-profit bodies.
No need to pay tax on a share of property from your parents, says tax expert Vikas Gandhi.
Here are some of the important items of income, which are fully exempt from income tax and which can be utilised by a resident individual Indian assessee for the purpose of tax planning.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Spain substitute Andres Iniesta cracked a superb winner as they beat a toothless England 1-0 in their international friendly on Wednesday.
Chennai Veerans beat Lucknow Nawabs 3-2 via a silver goal in Tier II of the Premier Hockey League.
Spain's Garbine Muguruza insists she is enjoying herself at the French Open even if she doesn't look it, but don't expect her to smile too much until she gets her hands on the Suzanne Lenglen trophy for the second time in three years.
The Sikhs love a good fight, and that's what the Modi government has given them.
A spokesman for British Transport Police told Huffington Post India that Suroor travelled from Sloane Avenue, Kensington and Chelsea to meet the minor, after grooming the child online for sex on November 9.
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