ITR filing: There is no tax implication at the time of allotment of bonus shares, say experts
The Finance Ministry has reduced the highest surcharge rate from 37% to 25% for earnings over Rs 2 crore.
There are two components of EMI in any home loan, i.e., principal amount and interest amount.
Income Tax: There are certain things that are not considered investments, as you will have to do it in any case, but can certainly claim tax deductions on them.
The Delhi bench of the ITAT gives ruling in the case of Shivani Madan (the taxpayer), in which it upheld a taxation of Rs 9.8 lakh in her hands during the financial year 2014-15 (the year of the litigation)
The rise in internet penetration and social media pages of the tax evaders give income tax personnel a clue to investigate.
NSC comes with low-risk feature and government-backed advantage. Read on to understand more about it
The announcements were made after the 49th meeting of the GST Council on Saturday.
Now, there is a separate schedule for income arising out of cryptocurrencies i.e., virtual digital assets
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