Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.
It is important to have the necessary documents on hand to verify the information in the form.
rediffGURU Mihir Tanna answers your income tax queries.
Mumbaikars from different parts of the city are providing people with ready-to-grow seed balls to help tackle depleting forest cover, reports Swapnil Joglekar.
'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
"There has been a 0.05 percentage points decline in the share of allocation for child budget to the Union Budget from 2.35 per cent (2022-23 BE) to 2.30 per cent (2023-24 BE).
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Thanks to Budget 2018, seniors can invest more and also save more.
SBI has twice hiked interest rates on fixed deposits within a month, but an investor still gets better returns at the post office.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
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