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May 03, 2017, Wednesday
Trump era and return of the NRI: Tips for people shifting back to India
Determine tax residency status, pay taxes, get bank accounts re-designated and buy insurance covers
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April 17, 2017, Monday
Update details to link PAN and Aadhaar, mismatch leads to failure
Difference of even a single alphabet in the names given means linking won't happen
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April 10, 2017, Monday
The many benefits of filing your income tax returns on time
You not only create a record of your income but need it when taking a loan, applying for a visa
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April 04, 2017, Tuesday
Filing I-T return? Do remember to claim benefits on your reimbursements
However, if the amount is substantial, the I-T department may seek more details
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March 30, 2017, Thursday
Readers' Corner: Taxation
Kuldip Kumar, partner and leader, personal tax, PwC India, answers your questions
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March 27, 2017, Monday
Health insurance to donations: Don't use cash for these transactions
The government has proposed to lower the cash transaction limit to Rs 2 lakh
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March 19, 2017, Sunday
Your money: A Will is better than gifting when passing on assets
Gift deed's language is closely scrutinised by the I-T dept, leading to problems for the receiver
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March 14, 2017, Tuesday
Exhausted Section 80C? Lesser-known tax deductions you can claim
These come handy if you have already exhausted Section 80C
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March 08, 2017, Wednesday
Your money: Higher tax-free gratuity to benefit senior employees
The limit for tax-free gratuity payment to employees has been revised to Rs 20 lakh
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March 04, 2017, Saturday
I-T target hits record tax refund hurdle
Direct tax collection likely to fall short of Rs 8.47 lakh crore Budget target
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March 03, 2017, Friday
You can still transact up to Rs 2 lakh a month at your home branch for free
If deposits and withdrawals cross this limit, the bank will charge Rs 5 for every Rs 1,000
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February 22, 2017, Wednesday
TDS default: I-T dept issues over 850 prosecution notices
Notices have been sent on charges of delay in remitting TDS funds to the exchequer
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February 09, 2017, Thursday
What is the difference between an overdraft and a loan against an FD?
Customer can collect the physical documents from the loan centre
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February 05, 2017, Sunday
Now, file tax returns on time or pay a fee
Unnecessary queries and delays in refund likely to reduce
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February 05, 2017, Sunday
Taxing times for the rich
Taxpayers with income of Rs 1 crore and more, currently, pay a surcharge of 15%
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February 03, 2017, Friday
Family trusts will need to pay tax on dividend income
This move would impact the estate planning of the company promoters, say tax experts
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January 02, 2017, Monday
Black money chase: Don't panic if you receive a tax notice
Prepare your replies with expert help and keep relevant documents ready to support your replies
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December 23, 2016, Friday
Small grocers, contractors to gain from tax benefits for digital payments
Small businesses will have to show separate accounts of digital payments to get the benefit
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November 26, 2016, Saturday
Claim tax benefit on costs incurred to evict tenants
While computing capital gains, compensation paid to occupants for vacating the house can be deducted as money spent on ...
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August 02, 2016, Tuesday
CBDT to come up with FAQs for settling tax litigation
CBDT will also launch a massive publicity drive to make the Dispute Resolution Scheme a success
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April 30, 2017, Sunday
Use rolling returns to select consistent tax-saving funds
The funds included have beaten their benchmarks 90% of the time or more
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April 13, 2017, Thursday
Rent receipts not enough to prove House Rent Allowance claim
You need to have a leave & license agreement, proof of money paid and proof of owner's tax status
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April 05, 2017, Wednesday
Tax collection beats expectation, up 18%
Government gets Rs 17.1 lakh crore in its kitty
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April 01, 2017, Saturday
Taxing times: Make an early start on tax planning
Maintain asset allocation and invest based on risk profile
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March 29, 2017, Wednesday
Asset transfer to family trusts non-taxable
Finance Bill 2017 had originally proposed taxing gifts made to trusts
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March 24, 2017, Friday
Time is on NRIs' side when it comes to Aadhaar
Since NRIs and firms are not entitled to Aadhaar, they are outside the new provisions
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March 15, 2017, Wednesday
Your money: Make a small start in CPSE ETF
With the ETF giving exceptional returns in the past year, buy more in a staggered manner
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March 08, 2017, Wednesday
Readers' Corner: Taxation
Kuldip Kumar is a partner and leader personal tax, PwC India, answers your question
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March 04, 2017, Saturday
Your money: Cash purchase of assets will affect depreciation claims
Businessmen and professionals will have to use the banking channel for payments over Rs 10,000
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March 03, 2017, Friday
Operation clean money: Govt to issue notice to non-respondents
Over 9 lakh responses have come in I-T department's e-filing portal
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February 22, 2017, Wednesday
Taxman to scrutinise loan deposits under Operation Clean Money
I-T dept may initiate penal action and impose an equivalent penalty
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February 16, 2017, Thursday
Pay income tax, apply for PAN using mobile apps on your smartphone
This move will help bring more people under the tax net by making it easier for people to get PAN
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February 09, 2017, Thursday
Operation Clean Money : E-filers must check account online for tax notice
Due to erroneous reporting by banks, there could be a notice sent to you
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February 05, 2017, Sunday
Tax incidence on Capital gains set to fall
Change of base year for Cost Inflation Index will increase the market value of a house
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February 03, 2017, Friday
Your Money: Learn how you can avoid the 10% surcharge
If income is marginally above Rs 50 lakh, you can avoid the surcharge through careful tax planning
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February 01, 2017, Wednesday
Jaitley taxes rich, gives to the poor
Introduces a new surcharge of 10% for incomes above Rs 50 lakh to Rs 1 crore
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December 28, 2016, Wednesday
Your Money: Avoid single premium plans for tax saving
A combination of ELSS or PPF with a term plan offers better coverage and returns
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December 11, 2016, Sunday
Your Money: Tax saving for latecomers
Make sure you invest in the right instruments. Wrong choices can hurt your finances for years to come
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November 21, 2016, Monday
Deposits above Rs 2.5 lakh: Don't panic if you receive the I-T notice
If you are unable to give a satisfactory explanation about source of income, proceedings and penalties can follow
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July 29, 2016, Friday
Why you shouldn't miss the July 31 income tax filing deadline
You stand to miss out on a few benefits if you don't file your income tax return on time
