Should an employee opt for a voluntary provident fund?

A voluntary provident fund contribution is an additional contribution by an employee…

No adjustment of IT refund up to Rs 5,000 against outstanding demand

Every taxpayer looks forward to speedy processing of their income tax refunds.…

EPFO lowers the interest rate on PF deposits to 8.5% for FY 2019-20

The Employees’ Provident Fund Organisation (EPFO) has notified the interest rate for…

Should You Opt for the Employee Stock Option Plan (ESOPs)?

ESOP (Employee Stock Option Plan) is a benefit plan drawn up for…

Received an intimation from the IT department? Here’s how to rectify

Once your income tax return is processed, the intimation will show the…

Buy life insurance policy for protection against unforeseen events

The purpose of a life insurance policy is to set aside funds…
Statistics Study

Taxpayer compliance likely to increase with annual information statement

The Government of India has announced measures for collection and compilation of…
Dearness allowance

Budget 2020 imposes TCS on foreign tour packages and remittances

The Union Budget 2020 proposes to levy a TCS (tax collection at…

Impact of hike in deposit insurance to Rs 5 lakh for bank deposits

The Budget 2020 proposes to hike the insurance limit for bank deposits…

TDS on sale of goods or services through an e-commerce platform

The Budget 2020 proposes to levy a TDS of 1% on e-commerce…