ITAT Mumbai held that the cash deposited is out of the gross receipts and that once gross receipts are disputed then no addition is sustainable under section 68 of the Income Tax Act. Accordingly, ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

Senior citizens in India often rely on fixed deposits (FDs) for secure and predictable returns. With higher FD rates offered ...

Amid rising costs, if you’re worried about funding your child’s education, here are a few simple tips on saving, investing ...

Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax ... More. There are lots of different ways to try and build a second income.

PPF is a long-term, government-backed savings scheme ... Provident Fund (PPF) account offers attractive tax benefits. Contributions up to Rs 1.5 lakh in a year are eligible for tax deductions under ...

Representative Image IndusInd Bank and Kotak Mahindra Bank, two leading banks of the private sector, have revised their interest rates on fixed deposits- former increasing the interest rate while ...

Fintech startup Curie Money is integrating UPI payments directly with liquid mutual funds, offering users better returns and ...

From May 1, several financial changes will take effect, such as higher ATM fees, altered railway ticket rules, fixed deposits and bank mergers. These changes follow RBI's repo rate cut affecting fixed ...

The Income Tax Appellate ... considered the interest payment made to China Development Bank (CDB) to be not exempt from taxation under Article 11(3) of India China DTAA. At the time of hearing, the ld ...

The old regime enjoys some tax-saving exemptions, such as Section 80C (1.5 lakh), 80D (health insurance), home loan interest (2 lakh), contributions to NPS, and HRA, which will benefit those who ...

OPSO did push for a tax hike two years ago, which failed with more than a 90% “no” vote. The tax on the ballot this May 3 is not the same thing. The signs urging “no new taxes” do not ...