Tag: tax
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I want to invest in my NRI daughter’s PPF—am I eligible for a Section 80C tax benefit?
Q. My daughter is settled in the UK after her marriage in 2021 and is a British passport holder. She had opened her PPF...
ITR filing FY 2024-25: Why Form 16 is your income tax superpower—if you use it right
As the tax season approaches, the average salaried employee finds themselves juggling with a plethora of documents, doubts and deadlines. Amid this maze of...
Donald Trump signs his tax, spending cut bill at White House on July 4 picnic
US President Donald Trump signed his package of tax breaks and spending cuts into law on Friday (July 4) after his cajoling produced almost...
SBI Cards gets GST show cause notice for ₹81.93 crore over input tax credit claims
Leading pure-play credit card issuer SBI Cards and Payment Services Ltd on Tuesday (July 1) said it has received a show cause notice from...
Income Tax: Online Form ITR-B released for taxpayers who received notice under 158BC. Check details here
In a significant move aimed at improving taxpayer convenience, the Income Tax Department has enabled the online submission of Form ITR-B for those who...
