Clipped from: https://economictimes.indiatimes.com/nri/migrate/nris-foreign-nationals-stranded-in-india-to-submit-details-of-double-taxation-by-march-31/articleshow/81317056.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a circular, the CBDT said that if any individual is facing double taxation even after taking into account the relief provided by
Category: Income Tax
करावे कर-समाधान : ज्येष्ठ नागरिक आणि प्राप्तिकर सवलती | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant-news/article-on-senior-citizens-and-income-tax-concessions-abn-97-2410505/ कमाल करमुक्त उत्पन्नाची मर्यादा ज्येष्ठ नागरिकांसाठी ३ लाख रुपये आणि अतिज्येष्ठ नागरिकांसाठी ५ लाख रुपये आहे. (संग्रहित छायाचित्र) प्रवीण देशपांडे ज्येष्ठ नागरिकांना योग्य
Pay your family’s insurance premiums and PPF contributions to save tax | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/pay-your-family-s-insurance-premiums-and-ppf-contributions-to-save-tax-121022600642_1.html While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws don’t apply Photo:
Trust is in a ‘state’ of deficit today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/trust-is-in-a-state-of-deficit-today/article33934312.ece?homepage=true If the true spirit of fiscal federalism is not restored, the Centre must realise that rapid economic growth cannot be achieved If there
real estate investment for NRIs: What NRIs need to know about investing in real estate back home – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/what-nris-need-to-know-about-investing-in-real-estate-back-home/articleshow/81207605.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis If you intend to buy a house with a loan, this may be a good time to do so. Interest rates on home
Coming soon: Pay life insurance premium in advance, get a discount | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/coming-soon-pay-life-insurance-premium-in-advance-get-a-discount-121022500699_1.html IRDAI proposes to link discount with SBI savings bank rate, which is currently at 2.7% Soon, you can pay your insurance renewal premium in advance
Your Income Tax Queries: Which ITR form should I file to claim TDS deducted from NRO account? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-income-tax-queries-which-itr-form-should-i-file-to-claim-tds-deducted-from-nro-account/2200541/ Non-residents with no income from business to show India salary in ITR2 In the absence of facts, we shall not be able to
Good riddance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/good-riddance/article33915998.ece?homepage=true Settlement Commission was unfair to honest taxpayers The Wanchoo Committee of yore, which found tax amnesty schemes morally reprehensible what with the same
Economists bat for fuel tax cut to rein in inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/economists-bat-for-fuel-tax-cut-to-rein-in-inflation/articleshow/81190930.cmsSynopsis Inflation has fallen under 6%, the upper tolerance limit. But the RBI’s RBI’s Monetary Policy Committee(MPC) minutes also flags members’ concerns and warning
Your Income Tax Queries: Which ITR form should I file to claim TDS deducted from NRO account? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-income-tax-queries-which-itr-form-should-i-file-to-claim-tds-deducted-from-nro-account/2200541/ Non-residents with no income from business to show India salary in ITR2 In the absence of facts, we shall not be able to
Taxing e-commerce – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/equalisation-levy-should-stay-but-clarity-is-needed-on-some-grey-areas/article33895976.ece?homepage=true Equalisation levy should stay, but clarity is needed on some grey areas The vociferous criticism of the changes proposed to the equalisation levy
Open to reviewing ₹2.5 lakh cap on tax-free EPF contribution: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/open-to-reviewing-25-lakh-cap-on-tax-free-epf-contribution-fm/article33896840.ece?homepage=true Says EPF will remain in its present form, and there’s no plan afoot to merge it with NPS Finance Minister Nirmala Sitharaman has
ITR filing: Failed to submit investment proofs? You can still save taxes–business today
If you have no plans to make tax-saving investments, you may opt for the new tax regime. From FY21 onwards, taxpayers have two options– It’s
NPS vs PPF investment: Where should you invest to save for your retirement? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/nps-vs-ppf-investment-where-should-you-invest-to-save-for-your-retirement/articleshow/81035567.cmsSynopsis While PPF gives you one of the highest returns in the fixed income category, equities are known to deliver much higher return in
Tax evasion: I-T department in hunt for small evaders as deadline looms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/i-t-department-in-hunt-for-small-evaders-as-deadline-looms/articleshow/80965995.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Suddenly, there has been a surge in reopening of returns of small-time tax evaders, with income tax authorities deploying investigation units to search
Tax disputes: ‘Faceless assessment key to solve problem’ – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-disputes-faceless-assessment-key-to-solve-problem/2193806/ The consideration received or receivable for e-commerce supply or services won’t include considerations that are already taxable as royalty or fees for technical
Budget signals focus on improving tax compliance, increasing transparency–SURANJALI TANDON WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-tax-compliance-economy-gdp-growth-7190263/ With little flexibility to change rates or to redefine the tax base, it is expected that the rate of growth in tax revenue
Reducing the compliance burden – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reducing-the-compliance-burden/article33844150.ece?homepage=true A master document of all requirements and setting up single-window systems can be the starting point A reduction in regulatory compliance burden on
करावे कर-समाधान : घराचा ताबा मिळाल्यावरच, गृह कर्ज व्याजाची कर वजावट! | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant-news/tax-deduction-on-home-loan-interest-only-after-possession-of-the-house-akp-94-2400815/ मी पुण्यामध्ये एक सदनिका डिसेंबर २०२० मध्ये अग्रिम रक्कम भरून आरक्षित केली आहे. || प्रवीण देशपांडे सर्वसामान्यांच्या जिव्हाळ्याचा विषय असलेल्या घराच्या संदर्भात प्राप्तिकर
Experts unsure if new AAR for direct taxes will resolve disputes faster | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/experts-unsure-if-new-aar-for-direct-taxes-will-resolve-disputes-faster-121021400914_1.html Experts also believe that at least pendency of cases would come down, though only time will tell about quality of orders Illustration: Ajay
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