Introduction In an increasingly globalized economy, cross-border transactions have become commonplace. To ensure tax compliance and prevent tax evasion, the ...

With the Income Tax Department's e-filing portal, the process has become simpler than ever. Keep your PAN, Aadhaar, bank statements, Form 16, and investment proofs ready to avoid last-minute hassle.

There are a number of income tax (I-T)-related deadlines that are set ... 15G and 15H are self-declaration forms submitted by taxpayers to the bank requesting not to deduct TDS on interest income ...

Upon receiving TRN, the applicant shall begin the process of GST registration. In the Temporary Reference Number (TRN) field ...

However, it is important to note that the interest income on fixed deposits is taxable. So, those investors who fall in the high tax bracket are recommended to invest only a small portio of their ...

The Income Tax Department just made life a whole lot easier by introducing the ‘e-Pay Tax’ feature, and it’s as simple as it sounds. Gone are the days of waiting in long bank lines ...

Moreover, if a senior citizen has income up to Rs 12 lakh in a year under the new tax regime, then he/she can submit Form 15H and prevent TDS deduction from FD interest rate also. Read below to get ...

By opening a 529 savings account, you may be able to reduce future out-of-pocket costs and get a tax break on your state income tax return ... managed by brokerages, banks, and other financial ...

See what you need to know about choosing a 529 plan, and check out a comprehensive list of what each state ... you may pay income tax and a 10% penalty on the amount of earnings you withdraw.

Here is a list ... simple tax situations file both state and federal returns at no cost. This means if you just need to turn in your Form 1040 or take basic credits, like the earned income tax ...