What are the myths related to EPF returns? Introduction The Employee Provident Funds (EPF) is a retirement savings scheme in India where both employees and employers contribute a percentage of the employee’s salary to the fund. The scheme is administered […]
How to file a TDS return for corporate deposits online? Introduction Corporate deposits are a popular investment option among investors looking for higher returns than traditional bank deposits. However, like other interest-bearing investments, corporate deposits are subject to TDS (Tax […]
Understanding Income Tax on Marriage Gifts Introduction Marriage is a significant event in one’s life that is celebrated with much joy and festivities, and exchanging gifts is a common tradition. However, many people are unaware of the tax implications of […]
TDS on Insurance Commission: Understanding the Tax Deduction at Source Introduction Insurance agents earn a commission on the premium paid by the policyholder, which is calculated as a percentage of the premium. However, it’s crucial to understand the implications of […]
Section 196D of Income Tax Act, 1961: All you need to know Introduction The Income Tax Act, 1961, was amended in 2012 to include Section 196D, which deals with the TDS (Tax Deduction at Source) for foreign institutional investors (FIIs) […]
What are the roles of PF return in a retirement plan? Introduction A retirement plan is essential to ensure a financially secure future. While there are many investment options available, one option that has gained popularity in recent years is […]
How to file Form 61A of the Income Tax Act, 1961 online? Introduction Form 61A is a statement of financial transactions that need to be filed by certain entities as per the provisions of the Income Tax Act, 1961. This […]
All about Updated ITR – Section 139 (8A) Introduction Filing an income tax return (ITR) is mandatory for individuals and businesses that have taxable income. The Income Tax Department of India has made several changes to the ITR filing process […]
All you need to know about Section 194EE of Income Tax Act, 1961 Introduction Tax Deducted at Source (TDS) is a method of collecting tax at the time of payment. Section 194EE of the Income Tax Act, 1961 governs TDS […]
