Tax, Investments and Retirement

From April 2020 onwards companies are required to deduct tax at source if dividend amount exceeds Rs.5000/-. Now companies are asking eligible senior citizens to submit Form 15H. The submission of ...

CBDT notifies Form ―Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V for Assessment Year 2020-21 i.e. financial Year 2019-20. Notificatio...

TAXPAYERS WILL NOW have the information regarding share and property along with other financial transactions in the newly notified form 26 AS— an annual information statement. This is likely ...

Here are top 5 best tax saving investments: – 1. Public Provident Fund (PPF): PPF has a long-term tenure of 15 years. The compounding interest and income tax exemption of Rs 1.5 lak...

LIC being a very big insurance company, why not they look into the possibility of making the changes in the existing policies, like change in address, name change, bank details etc. ONLINE. When on...

The due date of all Income Tax Returns for Assessment Year 2020-21 will be extended to 30 November, 2020. Similarly, tax audit due date will be extended to 31 October 2020. If individua...

Govt slashes small savings rates by up to 140 basis pts The government on Tuesday announced one of the steepest-ever cuts in small savings rates, which will see returns on the popular public p...

Dear members, I am Sekar and new to localcircles.com. In 2014 I booked some 5 years fixed deposits with a private bank, due to their higher interest rate promised to me. During matu...

An easy way to compare our tax benefit under existing & new tax scheme based on your keen to investment.

I-T Dept Backs Up PM’s Professional Tax Return Claims We have so many professionals – big doctors, lawyers, chartered accountants, etc. But only 2,200 professionals declare their a...