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Browsing: income tax
Forms 15G and 15H allow individuals to withhold TDS on certain types of income.Form 15G is used by individuals below…
9 years of Narendra Modi government: Major changes in income tax rules | Personal finance news Latest News
New Delhi: Today (May 30), the Narendra Modi-led NDA has completed nine years in office. After Jawaharlal Nehru, Indira Gandhi…
Tax collection is one of the highest in India, reduce direct taxes from 40% to 25%: Surjit Bhalla Latest News
Currently, the highest income tax rate in India stands at 39 percent. (Representative photo)India’s total direct tax collection rose over…
You can file your Income Tax Return (ITR) online on the Income Tax Portal.ITR Filing: Remember to keep a copy…
Accepting gifts from non-resident Indians (NRIs) can have tax implications for Indian taxpayers. The laws contain provisions for taxation of…
Accepting gifts from non-resident Indians (NRIs) can have tax implications for Indian taxpayers. The laws contain provisions for taxation of…
The tax exemption limit for leave cash for salaried employees has been increased to Rs 25 lakh Latest News
Till now, the tax exemption on leave encashment for private sector employees was Rs 3 lakh which was fixed in…
The IT department will soon notify the investor class of revised assessment rules, taxation of foreign investment in listed companies. market news Latest News
New Delhi: The Income Tax Department will soon notify rules specifying categories of investors and valuation rules to implement the…
New York CNN – So far this tax season, the IRS has received more than 100 million income tax returns…
New Delhi: Country Gross Collection of direct taxes 24.58 percent to Rs 14.71 lakh crore as of January 10 this…