Police in Varanasi arrested Himanshu Yadav, a Samajwadi Chhatra Sabha leader, for allegedly assaulting a student at Banaras Hindu University after inquiring about his caste.
Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN.
Quoting an incorrect PAN during property registration can invite penalties and prosecution.
KSCA T20 auction saw Indian international batter Devdutt Padikkal lead the charts as the most expensive player of the day,
'This epic adaptation brings to life one of India's most cherished tales with unmatched scale and visionary storytelling.'
'Any earnings, regardless of location, will be subject to Indian income tax.'
Shikhar Dhawan's return to competitive cricket proved valiant but futile
'File all the supporting documents in response to the allegation since there is a possibility of the proceedings getting dropped at that stage if the reply is satisfactory.'
A taxpayer who does not revise their return within the stipulated deadline would be stuck with the original return, including its errors.
'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'
Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences.
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax.
What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.
'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'
Investors can sell a part of the stocks, mutual funds, exchange-traded funds, and other securities held in their portfolios at a loss and use this loss to offset tax on the capital gains made on the sale of other securities.
If you have not yet filed an ITR for the 2022-2023 financial year, you can file a belated return.
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
If you have any grievances or disputes regarding the demand stated in the notice, consider seeking professional help.
Through a revised return, you can make changes to your ITR and even end up paying lower tax.
The Income-Tax (I-T) department has issued around 8,000 notices to salaried employees, self-employed individuals, and companies who made significant donations to charitable trusts. The department suspects potential tax evasion, as records of these donations do not correspond with the income and expenses of those making them. Sandeep Bajaj, managing partner, PSL Advocates & Solicitors, says, "Notices were issued for donations made during the assessment years of 2017-18 through 2020-21."
Salaried persons whose liability is fully deducted as tax deducted at source by their employer need not worry about advance tax payments, unless they have other sources of taxable income.
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
'Individuals can consider dividing ownership of properties between related persons to ensure that the sale transactions are below the Rs 50 lakh limit and therefore not subject to TDS.'
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?
'Many non-resident taxpayers faced issues in filing Form 10F since the portal didn't allow those who didn't have PAN to file the form.'
Days after her India's independence in 1947 was 'bheekh' remarks triggered a row, Ranaut on Tuesday claimed Subhas Chandra Bose and Bhagat Singh got no support from Mahatma Gandhi and went on to mock his mantra of ahimsa by saying that offering another cheek gets you 'bheekh' not freedom.
With the fresh fatalities, the total number of people losing their lives in this year's flood and landslides across the state has gone up to 42.
Justice Rekha Palli issued notice to the Delhi government and sought its stand on whether it can provide the second dose of Covaxin to those who got the first jab, before expiry of the incubation period of six weeks between the two doses.
Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.
Mera Job is a marketplace for both lower end white collar jobs and skilled blue collar workers.
'You can't call this a pure Western. This has got love, passion, violence, suspense.' 'This is a film of today.'
The Manikarnika actor, known for provocative and often inflammatory statements, was once again the centre of debate -- and ire -- with politicians across the spectrum, including Bharatiya Janata Party MP Varun Gandhi, among the host of social media users and others who reacted with outrage for her comments at an event on Wednesday evening.
Online cab network company Ola has launched the 'Road to Gold' campaign under which its customers can contribute a sum of Re.1 per ride across the over 110 cities it operates in, a press release stated.
As a young management trainee with SAIL, Pallav Mohapatra was spoilt for choice. He had offers from Allahabad Bank, Bank of Baroda, Indian Bank, Indian Overseas Bank and State Bank of India. He chose SBI only because the bank offered him a posting in Lucknow.
Presented on Day Four of Lakme Fashion Week, Swapnil Shinde's collection was inspired by Indian horror films of the 50's and early 60's.
It was four employees who believed in their young founder, and did everything they could to make the tech startup FusionCharts what it is today.