I ndia- Properties Worth
Rs. 14,000 Cr Over Under Income Tax Scanner..! More than Rs. 14,000
crore worth of properties have come under the scanner of the income tax (IT)
department that launched a major offensive against tax evaders post
demonetisation. On August 31, 2107 the…
Showing posts with label Alerts - Income Tax. Show all posts
Showing posts with label Alerts - Income Tax. Show all posts
Mutual funds; Offer 3 Types of Income Tax Savings Benefits..!
Mutual funds; Offer 3 Types of Income Tax Savings Benefits..! by Mr.
Srikanth Meenakshi, FundsIndia.com There are 3 types of
income tax savings one can have with investing in mutual funds I. Income Tax deductions 2. Income tax exemptions and 3. Income indexation benefits. I. …
Who needs to file INCOME TAX returns?
Who needs to file INCOME TAX returns? 1. If your income exceeds the basic exemption limit, you
are required by law to file a income tax return 2. It also becomes compulsory for those who wish to carry
forward a loss or / claim a refund 3. If you have
long-term capital gains …
Late filing of income tax returns: Mandatory fee applicable for Assessment Year 2018-19
Late filing of income tax returns: Mandatory
fee applicable for Assessment Year
2018-19 By Mr. Suresh Surana, RSM Astute Consulting
Group Section 234F is a new provision introduced by the Finance
Act, 2017 which states that fees shall have to be paid mandatorily for late
fi…
Less than 1% of Income Tax Returns Scrutinised .. Central Govt
Less than 1% of Income Tax Returns Scrutinised .. Who has ti IT File and Who Has to IT E- file? Central Govt ADVT
CRISIL Research has launched two new indices
CRISIL Research has launched two new indices CRISIL Research has launched two new indices the
Crisil 10 Year SDL Index and the Crisil Ultra Short Term Debt Index. The former will track
state development loans, while the latter will serve as a benchmark for funds
with resi…
Invest for Three years – Save Income Tax For LIFETIME..!
Invest for Three years – Save Income Tax For LIFETIME ..! Recently I came across this headline “Invest for three years – Save Income Tax For LIFETIME”. Sounds eye catching right? Because for many of us tax is the only force which makes us invest. Let us try to understand such…
Deadline to Furnish Form 16 for Employers is May 31, 2017 - Penalty of Rs. 100 for each day..!
Deadline to Furnish Form 16 for
Employers is May 31, 2017 - Penalty of Rs. 100 for each day..! The salaried class individuals are required to
file Income Tax Return by July 31, 2017 for their income realized in the
previous financial year. Accordingly, employers who deduct T…
Linking PAN to Aadhaar.. Simple Steps
Linking PAN to Aadhaar..! It is now mandatory for individuals to link their
PAN to Aadhaar. Those PANs that are not linked to Aadhaar by the end of
December 2017 will be rendered invalid. Also, while filing income tax returns,
it is mandatory to fill one's Aadhaar numbe…
Investing Mantra's - Tax & Death Are Unavoidable.
Alerts - Income Tax Investing Mantra's Investing Mantra's - Investment Tax and death are unavoidable. If you are living with society, you
have to pay tax. You can avoid tax only if you live in
caves like an animal. It may be visible or invisible.
Why US Government is Taxing Kids?
Why US Government
is Taxing Kids? - Form INVESTOPEDIA Kiddie tax is a spe cial US tax law cre ated in 1986 im posed on
individuals under 17 years old whose earned income is more than an annually
determined threshold. Any extra income earned above of the threshold is taxed at…
Name Mis-match: How to link PAN Card with Aadhaar number
link
PAN Card with Aadhaar number Linking of PAN card with Aadhaar
card is easy when the name /date of birth /gender matches in both Aadhaar and PAN
card. For those peoples for whom the
authentication process gets failed it is because of the difference in data in
both the do…
Tax Evasion in India: Rs 1.4 lakh cr hunted down in 3 years - CBDT
Tax Evasion in India: Rs 1.4 lakh cr hunted
down in 3 years - CBDT This first scheme expired on September 30, 2016r while
PMGKY came into effect in December 2016 and expired on March 31, 2017. The Central Board of Direct Taxes (CBDT), the
policymaking body of the income tax d…
India - These 10 Transactions Will Get Reported To Income Tax Department
India - These 10 Transactions Will Get Reported
To Income Tax Department From bank deposits to credit card bill payments to
property transactions, financial institutions and other entities have to report
transactions above a certain threshold to the income tax department. A …
New Income Tax Rules from April 1, 2017
New Income Tax Rules from April 1, 2017 From FC Bureau Indian Income tax officials will now be able to reopen
tax cases up to 10 years back if search operations reveal undisclosed income
and assets of over Rs. 50 lakh. As the Lok Sabha has cleared the finance bill, the tax
pr…
Benefits of buying a house in the wife’s name
Benefits of buying a house in the
wife’s name by AMIT SETHI , Housing.com With many Indian
states offering benefits for women property buyers to boost their empowerment, we examine why it makes financial sense to
register a property in a woman’s name There are many
benefits …
