Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...
Here is everything you need to know about what is advance tax, when is advance tax deadline, what are the penalties for ...
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Pay before March 15 to avoid penalty
As the financial year 2025-26 draws to a close in India, taxpayers need to pay attention to an important deadline. If your ...
Mutual Trust Bank PLC highlights how digital convenience is transforming Ramadan retail. In this interview, MD and CEO, Syed ...
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Income tax rule for tenants: Paying ₹50,000+ rent? Missing this TDS rule can lead to ₹1 lakh penalty
Many people living in rented houses focus mainly on paying monthly rent on time, but very few are aware that income tax rules ...
As Ramadan continues to reshape consumer spending and financial activity across Bangladesh, banks are witnessing a steady ...
Did our AI summary help? If your PAN is not linked with your Aadhaar, you could quietly end up paying more tax than necessary. The Income Tax Department has reminded taxpayers that an unlinked PAN ...
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Double tax trouble? Here are 5 changes that draft Income Tax Rules 2026 must address
Draft Income-Tax Rules 2026 aim for voluntary compliance but require crucial changes to prevent taxpayers from paying twice.
Senior citizens can now earn up to 8% interest on fixed deposits for a three-year term with select small finance banks. While ...
Vijayawada: A senior Central govt official from Vijayawada fell victim to a sophisticated online investment scam, losing ...
Creating an online account with the IRS takes a little time, but it gives you access to information that makes filing much ...
Misclassification, delayed deposits, or reporting errors in TDS can trigger interest, penalties, and disallowance of expenses under the Income-tax ...
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