Tax expert Mahesh Padmanabhan on how employees can use fringe benefits in their salary to help save tax.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.
On Republic Day the President recognised the daring rescue of 41 workers trapped in a tunnel for 17 days in 2023 by humble rat-hole miners. The award hopefully will bring the forgotten superheroes back into the light.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Finance Minister Arun Jaitley on Monday did not change tax slabs but offered a relief of Rs 3,000 to the salaried with income below Rs 5 lakh per year.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
A two-member team of the United Nations High Commissioner for Refugees (UNHCR) met Rohingya Muslims at a slum in Jammu amid a heated debate whether the illegally settled immigrants be provided water and electricity.
This is the story of a man who fought racism and casteism throughout his life to become a professor of Bharata Natyam at the premier centre for performing arts in India, the Kerala Kalamandalam.
You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho
'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'
If found with invalid one, the landlord will be in trouble and the tenant could face eviction
According to the peculiar facts of the case, the six policemen of Jalgaon called three tenants including Vijaykumar Vishwanath Dhawale and Vinod Dodhu Chaudhary to a police station on March 9, 2022 and kept them under detention for 24 hours.
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
The Finance Minister, however, left the current income tax slabs unchanged.
If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.
The I-T department's app is useful for those looking for information, grievance redress, and resolving PAN- or TAN-related issues.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
Shopkeepers in Bahraich scrambled to salvage their goods on Saturday, apprehending a demolition drive by the authorities. According to a local lawmaker, the Public Works Department has served demolition notices to 23 establishments -- 20 of them belonging to Muslims.
rediffGURU Samkit Maniar answers readers' personal income tax queries.