TCS on high-value transactions, such as foreign remittances or credit card spending. The taxpayer needs to download Form 12BAA from the Income-Tax Department's website or obtain it from the employer.

Keeping track of your Tax Deducted at Source (TDS) has never been easier. If you want to check your TDS status online, this ...

Short-term funds are necessary for unexpected expenses. A ₹1 lakh personal loan is suitable for various needs, such as debt ...

Conclusion: Addition against unexplained cash deposit of ₹49.50 lakh was remanded back to AO for verification if the deposits were from business activities, the addition under Section 69A could not ...

Tax calculation: In Budget 2025, the Finance Minister announced that no income tax is payable up to an annual income of Rs 12 lakh, providing a tax rebate for individuals earning up to this amount.

In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...

Peter managed reviews and listings for Download.com during the 2000s, and is passionate about software and no-nonsense advice for creators, consumers and investors. Courtney Johnston is a senior ...

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...

One of the most widely cited sources of data on income inequality comes from tax records. Yet, as Gerald Auten and David Splinter point out in their paper, “Income Inequality in the United States: ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...