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Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…

PTI   


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2 mins read

Opted for the new tax regime? Here are the allowances and deductions you can still avail

Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…

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2 mins read

DBS Bank says it deducted 27% salary of its CEO Gupta for tech glitches in 2023

The salary of DBS Bank's Indian origin chief executive Piyush Gupta was cut by a hefty 27 per cent …

PTI   


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4 mins read

Home loan tax deductions: Self-occupied vs rented, the differences

Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…

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3 mins read

Catch 22: Senior citizens can strategize and reduce their health insurance premiums but should they?

Health insurance is indispensable in the modern age as it offers financial security during medical …

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3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

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3 mins read

Changed your job in the last financial year? Here’s how to get your tax filing in place

If you have changed your job recently, any time before 31 March 2023, you need to be more careful w…

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3 mins read

Buying travel insurance? Here are 5 mistakes you should avoid

When booking a trip, we plan for destinations to visit, where to stay, what to do, what to eat, wha…

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3 mins read

ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies

To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…

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2 mins read

Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip

MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…

PTI   


Juliana Kaplan   


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3 mins read

Decoding Section 80D: The healthcare-related tax deductions available to you

When we think of financial planning, we think of investments, tax planning, retirement planning, an…

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2 mins read

The tax deductions you can claim if you have a home loan in 2023-24

When deciding which tax regime to opt for, those with a home loan may prefer the old tax regime, as…

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2 mins read

ELSS Mutual Fund: A way to claim tax deduction while enjoying market-linked returns

ELSS funds have a lock-in period of three years, meaning that investors are not allowed to withdraw…

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3 mins read

5 popular deductions you can claim under Section 80C in 2023-24

Among all the different sections that provide deductions under the old tax regime, 80C is the most …

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2 mins read

Budget blow to HNIs claiming huge deductions for expensive houses

For better targeting of tax concessions and exemptions, Finance Minister Nirmala Sitharaman capped …

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4 mins read

Budget Expectations: Time to revise tax slabs and deduction limits for personal tax payers

It is that time of the year again. Finance minister Nirmala Sitharaman is all set to deliver the bu…

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1 min read

Chaos ensued at a UFC event as a fighter was deducted a point for biting his opponent

A UFC ref deducted a point from Nurullo Aliev in the middle of a fight for biting Rafael Alves. Ali…

Alan Dawson   


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1 min read

Pvt companies required to deduct tax at source while issuing bonus or rights shares

The implication of this clarification will be that a company in which public is not substant…

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1 min read

Beyoncé petitions IRS over $2.7 million in tax penalties, claiming government denied her millions in deductions and charitable donations

As Beyoncé prepares for her upcoming Renaissance tour, the megastar is pushing back on the IRS over…

Jordan Hart