Employees are often under this impression that as the employer has deducted tax at source, they need not file income tax (IT) returns.
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
'What is proposed is that we tax payers pay Rs 1,000 per month to selected JanDhan accounts of poor families.' 'I am sure there are at least 10 crore Indians for whom Rs 1,000 is no big deal.'
The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know
The 21-year-old woman, who has been doing her chartered accountancy articleship at Manoj Daga & Company in Hyderabad, was booked under relevant sections of Information Technology Act on September 7, after a preliminary investigation and faces arrest in the case.
No Indian government has taken on China like this ever before and shows that the three top Indian officials -- Sushma Swaraj, Manohar Parrikar and Ajit Doval - ran into China's Great Wall on the twin questions of Pakistan and terror when they interacted with their Chinese interlocutors In past few days, says Rajeev Sharma.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The CJI said that absence of timely legal help to poor affects credibility.
The dairy major is transforming into a full-fledged F&B and fast moving consumer goods (FMCG) player, reports Vinay Umarji.
If there is a morality tale here, it is that debt and death spare no king.
The experienced Indian golfer, who began the week with a superb 67 and was inside the Top-10, slid down the ladder thereafter with rounds of 72-68-72 over the next three days for a total of 5-under 283.
The BJP and Congress have already launched spirited campaigns for the elections.
The department will impose a penalty, which could be between 30 per cent and 120 per cent.
Ironically, West Bengal, which has been seeking a postponement of the GST roll-out, has fared better among most other states.
The advance bookings of Brahmastra are looking very good.
Ankit Mehra, founder and CEO, GyanDhan, an education financing marketplace, tells you how to apply for an education loan in the pandemic.
There is no hacking nor any leakage of IRCTC ticketing website and everything is safe, railway board member (Traffic) Mohd Jamshed told PTI.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
The bench referred to the June 9 judgement passed by the apex court in which it had upheld the validity of an Income Tax Act provision making Aadhaar mandatory for allotment of PAN cards
Sharad Sharma, co-founder and governing council member at iSPIRT, on Tuesday admitted using anonymous accounts to troll on social media those who raised questions on Aadhaar and its applications by the government.
Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.
It was a high-stakes three-cornered fight between the BJP, Congress and Aam Aadmi Party.
'Today, we being the majority pass a law and if the Opposition parties do not like it, they throw files at the Chair, and beat up women marshals.'
'Curbs will again lead to the grey market developing, undoing all the work done over the last two-and-a-half years.'
'When a criminal assumes a new identity he think everybody knows them by that name only.' 'Criminals forget that the police are always hunting for them to put them in jail.'
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not
In students' register of M N College Visnagar Narendra Modi's date of birth is mentioned as August 29, 1949. In his election affidavit, he did not reveal his date of birth, but mentioned his age. His official birth date, as available in the public domain, is September 17, 1950.
'2022 has not been -- and will not be -- the kind of 2021 bull market, which lifted all boats.'
Indian golfer Anirban Lahiri gave it his all but fell short by a stroke
For some assessees, the range may not have changed.
Only when we are part of the same family, which will happen down the line, then, of course, we will give them (PMC depositors) all the assurance and the comfort.'
Lenovo's K3 Note not only impresses, but is going to make competing brands in the price segment sweat a decent bit, says Himanshu Juneja
The Aadhaar issuing authority, Unique Identification Authority Of India, has no data on those who have been denied benefits for want of the 12-digit biometric identification number, the Supreme Court was informed on Thursday.
Paloma Sharma -- the only non-middle aged, non-canine member of the home -- on a Sunday spent at the bank.
Security forces say Naxals have amassed nearly Rs 1,500 crore through extortion, kidnapping, looting and the narcotics trade.
Ruby Singhal is the only woman autorickshaw driver in Ghaziabad, Uttar Pradesh. Her husband also drives an auto. Last month, both their autos were set on fire by a drunken man, who is not known to them. A lesser soul would have given up but Ruby is determined to buy a new rickshaw. How she does not know, but she is sure she will.
While start-ups are making it easier to borrow, one needs to choose carefully.
Physical KYC takes anywhere between two to five working days to get done, V-KYC, only a few minutes.
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