Travelling and studying will become more expensive. Even your stock portfolio is likely to suffer.
There is more to tax planning than just Section 80C and infrastructure bonds.
The Direct Taxes Code Bill tabled in the Lok Sabha is likely to negatively impact the life insurance industry on many counts, if implemented in the present form.
Otherwise, while filing returns, you may have to pay additional tax.
'He wanted to learn all the time.'
From 100% tax deductions for contributions to PM-CARES fund to extending the due date for linking Aadhar and PAN card, the government has provided various tax relief and extensions in deadlines for statutory compliances, says Homi Mistry.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
Before you catch a brawny Prabhas as the Prince of Ayodhya in its VFX-heavy edition, Sukanya Verma looks at the many, many on screen portrayals of Ram over the years.
You can electronically verify returns and regularise these by August 31.
Withdrawals from EPF and NPS to have same tax rates.
The tax imposed on buyback of shares and employee stock options is different in case of listed and unlisted companies, says Sudipto Dey
'If this first instalment of advance tax is paid by June 30, instead of June 15, then the interest on delayed payment will be levied at 0.75% per month instead of 1% per month,' notes Homi Mistry, a partner with Deloitte India.
Two case studies on how one can use the exemption method or the credit route
Mahipal, who has worked with actresses like Madhubala and Meena Kumari, established himself as a hero in the mythological genre.
Meeting the disclosure norms isn't very easy.
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.