Tax Exemption

Should You Pay Income Tax on Stipend?

A stipend is paid to interns, generally students, and article associates who…

Understanding tax implications on your investments on bank FD

Fixed deposits, being secure and liquid are one of the most famous…
Tax Exemption

When are you entitled to an income tax refund?

Income tax return filing due date has been extended till 30th December…

Tax Query: How is my EPF withdrawal taxed?

I quit my job during the FY 2019-20 and later joined employment…

Made a Mistake While Filing ITR? Here’s What You Can Do

If a taxpayer makes a mistake in the income tax return (ITR)…
Tax Exemption

Tax Query: Which data can I report in ITR by interchanging PAN with Aadhaar?

I am filing my income tax return for the AY 2020-21. I…

5% TCS on Foreign Fund Transfers to Apply From October

Individuals are allowed to remit up to $250,000 abroad each year as…

New TCS features for E-com and E-tailers under Composition Scheme

The e-tailers, as well as the e-commerce operators, have a piece of…

4 important points to consider when investing in FD accounts

Do you want an investment which guarantees the principal and interest income?…

Tax Query: Can I claim deduction for expenses from commission income?

I run an agency for online travel bookings, including tickets and accommodation.…