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PMC Bank depositors may possibly not get all the income, but have to have to pay back TDS

Depositors of Punjab & Maharashtra Co-operative (PMC) Bank are in for a double whammy. On the just one hand, they are not...

FPIs dividend profits: Governing administration proposes to cap surcharge on dividend earnings of FPIs at 15% that use trust composition

New Delhi: India has proposed to cap the surcharge levied on the dividend profits of international portfolio investors (FPIs) that use a rely on...

Some taxpayers are obtaining SMS or email from tax office. Know why

Profits tax department has been sending SMSes and e-mail to taxpayers to file their profits tax return (ITR) for financial calendar year...

LRS tax remittance: New tax on remittances will increase your investment value in international stocks

NEW DELHI: The federal government final decision to tax remittances underneath the RBI’s Liberalized Remittance Scheme (LRS) has put investors who dabble in international...

TDS not levied on PF withdrawal if you function for five steady decades

I labored in Firm A for 12 a long time and then moved to Firm B and labored for 2.5 years. There...

Banking companies, post workplaces can now check out your ITR filing standing for deducting TDS

Banks can now verify the standing of revenue tax returns of their shoppers dependent on their Long-lasting Account Range (PAN). By way...

Treaties can enable non-citizens prevent paying out tax 2 times on the identical revenue

I utilized to stay in Saudi Arabia and was implementing for the Double Tax Avoidance Arrangement (DTAA) certificate from the Saudi governing...

The pitfall to steer clear of when availing added time to file tax returns

New Delhi: A rider that the federal government inserted in June although supplying additional time for filing revenue tax returns for FY20...

What to do if you get a scrutiny recognize from the tax office

Even though the tax office didn’t disclose the complete variety of situations, the tax professionals feel that improved info selection and mining may possibly...

Fastened deposits may perhaps perform much better than credit card debt cash in the short term

We asked money planners to weigh in on the issue. Most of them sense that FDs are far better only for time horizons of...

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A $50 mobile phone is Mukesh Ambani’s weapon to dominate India’s telecom market

NEW DELHI: Reliance Industries Ltd (RIL) has questioned local suppliers to ramp up production capacity in India so they can make as many as...

3.6 magnitude earthquake rocks Srinagar, no casualties claimed

Officials at the Disaster Management Authority explained the earthquake was recorded at 9.40...

Trump urges UN to ‘hold China accountable’ for coronavirus pandemic

NEW YORK — President Donald Trump on Tuesday termed on earth leaders at the United Nations to "hold China accountable" for the coronavirus pandemic.Trump,...

Sebi slaps fines totalling Rs 41 lakh on several people more than disclosure lapses

NEW DELHI: Sebi on Tuesday imposed a overall penalty of Rs 41 lakh on various people and an entity over disclosure lapses in the...