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Hero MotoCorp Faces Rs 26.4 Crore Tax Demand

Hero MotoCorp Faces Rs 26.4 Crore Tax Demand

Fri, Jan 03, 2025

Hero MotoCorp has been handed an additional tax demand of Rs 26.4 crore. In this video, we discuss the details of the tax demand and its potential impact on the company's financial situati

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Tue, Dec 17, 2024

How to save tax: With the right strategy and investment, anyone can save up to Rs 8 lakh in income tax. Here are 10 effective ways that will not only help you keep more of your income but also support your financial planning.

Zomato gets Rs 803.4 crore tax demand from GST authorities

Zomato gets Rs 803.4 crore tax demand from GST authorities

Thu, Dec 12, 2024

Food delivery aggregator Zomato on Thursday said the GST department in Thane has imposed a tax demand of Rs 803.4 crore, including interest and penalty. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon, Zomato said in a regulatory filing.

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Instant PAN facility through Aadhaar based e-KYC launched! Another digital breakthrough by Modi government

Instant PAN facility through Aadhaar based e-KYC launched! Another digital breakthrough by Modi government

Thu, May 28, 2020

The launch of the Instant PAN facility is yet another step by the Income Tax Department towards Digital India, thereby creating further ease of compliance to the taxpayers.

Income Tax Return: Have investments in equity? Your spouse can help you save money

Income Tax Return: Have investments in equity? Your spouse can help you save money

Thu, May 28, 2020

Income Tax Return: Those who haven't filed their ITR have got ample time to use the income tax calculator and find out various ways to save money.

NPS alert! National Pension System account opening is easier now - Here is how; Rs 50k Income Tax benefit

NPS alert! National Pension System account opening is easier now - Here is how; Rs 50k Income Tax benefit

Thu, May 28, 2020

Are you among those wanting to open the National Pension System (NPS) account but find it tough due to the Aadhaar-based KYC process? Here is a relief for you!

Income Tax Calculator: Know your tax liability for better financial planning

Income Tax Calculator: Know your tax liability for better financial planning

Fri, May 22, 2020

Income Tax Calculator: Knowing your assets and liabilities is the first step towards a sound financial planning. Income tax outgo is one such liability which is very essential to plan your financial goals

Did soaring Gold price get you to invest to make money? Know these income tax rules

Did soaring Gold price get you to invest to make money? Know these income tax rules

Thu, May 21, 2020

Gold price has been making new high during the Coronavirus crisis and the recent high on MCX is 47,929 per 10 gm and experts are of the opinion that it may further scale up to Rs 51,000 per 10 gm.

EXPLAINED! Increase your Income Tax benefit on home loans by making your partner co-applicant and co-owner

EXPLAINED! Increase your Income Tax benefit on home loans by making your partner co-applicant and co-owner

Wed, May 20, 2020

Income tax benefits are available under Section 24(b) for interest paid and under Section 80C for the principal repayment, subject to certain conditions.

Salaried employees! Know these important income tax filing rules

Salaried employees! Know these important income tax filing rules

Tue, May 19, 2020

Since the government has extended the income tax return (ITR) filing deadline for FY 2019-20 to 30 November, 2020 from 31 July, 2020 there is a lot of time left for you to file your returns. However, there are some important facts that you should know while filing your tax returns to avoid any problems later

EXPLAINED! Income Tax benefit for salaried who don't receive HRA, but stay in a rented house

EXPLAINED! Income Tax benefit for salaried who don't receive HRA, but stay in a rented house

Tue, May 19, 2020

Income Tax Calculator: While filing one's Income Tax Return (ITR), first and foremost objective of taxpayers is to save as much of the income tax outgo as they can.

EXPLAINED: Income Tax benefits for salaried employees who receive HRA

EXPLAINED: Income Tax benefits for salaried employees who receive HRA

Wed, May 13, 2020

Income Tax Calculator: While filing the Income Tax Return (ITR), an earning individual tries to get maximum tax exemption.

PF Withdrawal: This EPFO rule will help you save additional income tax

PF Withdrawal: This EPFO rule will help you save additional income tax

Wed, May 13, 2020

PF Withdrawal: On Provident Fund investments, income taxpayer is given tax exemption on investment, interest earned and the maturity amount.

Salaried person? Have PF account? Paying income tax? New announcements by Modi government

Salaried person? Have PF account? Paying income tax? New announcements by Modi government

Wed, May 13, 2020

Union Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur on Wednesday addressed a press conference to give details of the Rs 20 lakh cr relief package amount announced by PM Narendra Modi in his address to the nation on Tuesday night.

Income Tax deadline ALERT: FM Nirmala Sitharaman extends ITR filing, Vivad Se Viswas last dates

Income Tax deadline ALERT: FM Nirmala Sitharaman extends ITR filing, Vivad Se Viswas last dates

Wed, May 13, 2020

Income Tax deadline Alert: Giving relief to the income tax payers amid Coronavirus lockdown, Finance Minister Nirmala Sithaman has extended the deadline for Income Tax Return (ITR) filing from 30th June 2020 to 30th November 2020.

Made mistake while filing income tax returns? This is what you can do

Made mistake while filing income tax returns? This is what you can do

Mon, May 04, 2020

Filing income tax returns is the most difficult job ever, especially if you are the kind that likes to delay it to the last moment! Then there are those who do it every year yet cannot remember the process. The confusion can often lead to mistakes while filing income tax.

Income tax calculator: Old tax slabs or new ones in times of Coronavirus? Just do it this way

Income tax calculator: Old tax slabs or new ones in times of Coronavirus? Just do it this way

Mon, May 04, 2020

Government has introduced a new optional personal income tax regime for individual / HUF taxpayers through the Finance Act, 2020 . Such personal tax regime has been incorporated in the Income Tax Act, 1961 by way of section 115BAC applicable from financial year 2020-21.

Income Tax payers alert! Waiting for refund? Must not ignore this warning from I-T department

Income Tax payers alert! Waiting for refund? Must not ignore this warning from I-T department

Sun, May 03, 2020

On April 8, the finance ministry said it will fast-track issuance of pending income tax refunds up to Rs 5 lakh which will benefit around 14 lakh taxpayers, to provide relief to individuals and businesses hit by the COVID-19 outbreak.

PPF Calculator: Money earning opportunity post-retirement! Turn Rs 100pd into Rs 3.86 lakh per annum - tax free! Do this

PPF Calculator: Money earning opportunity post-retirement! Turn Rs 100pd into Rs 3.86 lakh per annum - tax free! Do this

Fri, May 01, 2020

PPF Calculator: Earning a salary is not enough. If you want more money, then you will have to do this and it will ensure wealth keeps flowing non-stop in your bank account!

Income Tax Calculator: Know your tax liabilities for better financial planning

Income Tax Calculator: Know your tax liabilities for better financial planning

Wed, Apr 29, 2020

Income tax can be calculated online. You can find a number of websites where you can do this. You can also do that on the Income Tax Department Website

LTA Exemption: Rules that you must know before claiming income tax filing benefits

LTA Exemption: Rules that you must know before claiming income tax filing benefits

Wed, Apr 29, 2020

LTA Exemption Rules: The LTA benefit can be claimed by you when you are proceeding to any place in India either on holidays or on your retirement or termination.

Income Tax: Opting for old tax slabs? Here are 5 options beyond Section 80C that will help you save money

Income Tax: Opting for old tax slabs? Here are 5 options beyond Section 80C that will help you save money

Wed, Apr 29, 2020

Finance Minister Nirmala Sitharaman during her Union Budget speech earlier this year announced a new tax regime for India with lower tax rates but no exemptions. She however cleared that those who want to stick to the old income tax slabs can continue to opt for the various benefits listed there.

Income Tax Return: How to claim home loan tax rebate in this husband-wife situation

Income Tax Return: How to claim home loan tax rebate in this husband-wife situation

Tue, Apr 28, 2020

Income tax benefits for joint home loans are available under Section 24(b) for interest paid and under Section 80C for the principal repayment, subject to certain conditions.

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