income

Salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India, said Union Finance Minister Nirmala Sitharaman on Thursday. Nirmala Sitharaman was reacting …

The Central Board of Direct Taxation (CBDT) has notified new income tax return forms — ITR-1 to ITR-7 — for the assessment year 2021-22, the ministry of finance said in …

Take a look at key changes that are going to take place from 1 April Interest rates of small savings schemes to be reduced Finance ministry slashed the interest rates …

“The GST collections specific to cryptocurrencies are not available with the government.” Since income from whatever source derived is included in the Income Tax Act, 1961, and supply of any …

I am a software engineer with a CTC of ₹17 lakh per annum. I have been filing ITR Form-1 for the last five years. I got an onsite travel opportunity …

Just Like Many, Anthony Mackie Too Assumed Tony Stark Paid The Avengers For Their Work ( Photo Credit – IMDb ) We have all wondered what the Marvel Cinematic Universe’s …

The issue of care burden on women is not a family or an individual issue, but a public policy one, says Anita Bhatia. The COVID-19 pandemic has negatively affected women’s …

Interest rates remain very low and given the ongoing economic impact from COVID-19, they will likely stay very low. This low-rate environment places income investors in a difficult position. Add …

An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, …

Retirement account owners have long had trouble translating the money in their 401(k) into income. That’s about to change. Later this year, possibly in the third quarter, plan sponsors will …

The Income Tax Department on Friday carried out search and seizure action on a Kolkata-based group engaged in the business of manufacturing iron, steel and tea, said a finance ministry …

The ninth budget of the Narendra Modi government, including an interim one, is also expected to focus on boosting spending on job creation, putting more money in the hands of …

Individual retirement accounts (IRAs) and 401(k) plans provide little guidance on how to turn accumulated assets into income. As a result, retirees have to decide how much to withdraw each …

From “Dividend Aristocrats” to special situations, Ben Reynolds — along with his co-editors Bob Ciura and Nikolaos Sismanis ­– provides in-depth research on high-quality stocks through its four top-ranked newsletters. …

Mr Ramesh is 70 years old. He is retired and has no financial dependents. He has been a very conservative investor and has never invested beyond bank fixed deposits, provident …

I would like to know whether a senior citizen is eligible for the following I-T deductions from his/her pension income: i) deduction under Section 80C – ₹ 1.50 lakh ii) …

The Covid-19 pandemic has led to increased awareness, and interest, about life insurance and more importantly about in financial security. Taking cues from this, some life insurers have launched guaranteed …

Mutual Fund dividend plan assets have seen a 50% drop over the past year as Budget 2020 made dividends taxable at slab rates. In a circular issued on 5 October, …

The son-in-law of Congress interim President Sonia Gandhi, Rober Vadra, has alleged that investigative agencies are harassing him as no tax evasion has been done by him. “23,000 documents were …

The actor-singer has been actively supporting the ongoing farmers’ protests against the new agri legislations File image of actor-singer Diljit Dosanjh. Image courtesy: Instagram Mumbai: Don’t spread so much hate, …

‘Don’t spread so much hate,’ Punjabi singer-actor Diljit Dosanjh said while sharing his certificate from the Ministry of Finance amid reports of an income tax probe against him. Dosanjh has …

The govt has also extended the due date for filing declaration under the direct tax dispute resolution scheme Vivad Se Vishwas by a month till 31 January while the deadline …

With the ITR filing last date approaching closer, taxpayers, who are yet to file returns, should do it as early as possible to avoid any last-minute rush or error. Official …

Income Tax searches at the premises of a civil contractor for government works has led to the seizure of Rs.21 cr (about USD 3 million) unaccounted cash and detection fo …

Income Tax searches on the premises of a civil contractor for government works has led to the seizure of Rs 21 crore unaccounted cash and detection of Rs 700 cr …