Income-Tax Department Ups the Game Against Those Submitting Fake Rent Receipts

January remains crucial for salaried individuals, considering companies ask for investment proof.…

No GST on Rent for Personal Purposes

The Goods and Services Tax (GST) Council has proposed a few changes…

What is the TDS provision for rent paid by individuals above Rs 50,000?

Many people are unaware of TDS provisions while paying rent on the…

Key Features of the Model Tenancy Act, 2021

The Union Cabinet has approved The Model Tenancy Act, 2021 on 2nd…

5 Other Ways To Avoid Tax If Section 80C Limit Exhausts

The most popular 80C deductions taken for tax rebate have a limit…

Tax Query: TDS on rent not needed if NRI’s income is less than Rs 2.5 lakh

Mr Gupta’s son lives in Australia. He has signed a power of…

Tax deduction on rent paid above Rs 50,000, 5% TDS

Are you occupying a residential house on rent? You may want to…