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Mistry Of Deloitte

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Weak rupee: How it will affect Indians

If you are an Indian professional and earning in dollars, here is some good news. You have got a salary rise of eight per cent, in rupee terms, in the past one month. In other words, if you......

Hurry! You can still claim more tax deductions

Most people rush to buy insurance products and mutual fund schemes during the end of the financial year with the aim to meet Section 80C commitments. Even exemptions under infrastructure bonds,......

Declare tax benefits to new employer

Homi Mistry, tax partner, Deloitte, Haskins & Sells, said, "If you do not inform the new company about your previous salary and the tax deducted at source there, the new employer will deduct taxes......

Govt grants tax relief, eases compliances in time of coronavirus

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......

Why you must pay advance tax by June 30

'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,......

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