Self-motivation key to success in UPSC exams, students told
Students must believe in themselves and set goals in order to achieve success, especially in the competitive Union Public ...
Here’s a look at Income Tax changes impacting homebuyers from April 1
The proposed amendment in the Budget 2025 lowers the TDS threshold for rental income from ₹2,40,000 per year to ₹50,000 per ...
5-year Post Office Time Deposit or Tax-saving bank FDs: Which offers higher interest now?
Both Tax-Saving Fixed Deposits (FDs) from banks and the Post Office 5-Year Time Deposit provide secure investment options ...
Tax Guru4d
Analysis of Section 194T of Income Tax Act 1961: TDS on Payments to Partners
Tax Deduction at Source on Payments to Partners. I. Executive Summary. Section 194T of the Income Tax Act, 1961, effective fr ...
What Are The Key Changes In The TDS Rules Coming Into Effect From April 1 & Who Will Benefit The Most?
TDS at a rate of 5% will only be withheld starting on April 1, 2025, if the total amount of insurance commission paid to an ...
Tax Guru1d
Mistakes to Avoid While Paying TDS on Rent for FY 2024-25
The reduction in TDS on rent from 5% to 2% is a welcome relief, but it has also led to confusion regarding its applicability. To avoid errors, taxpayers must ensure they deduct TDS @ 2% for the entire ...
The Print4h
Are Life Insurance Maturity Benefits Considered Taxable Income in India?
Life insurance is an essential financial tool that provides security while helping you plan for the family’s future. The ...
New TDS, TCS rules 2025: Key changes impacting income taxpayers starting April 1. All you need to know
One of the key changes is the increase in TCS on foreign remittances under the Liberalized Remittance Scheme (LRS), which has ...
Newspoint on MSN7h
Income Tax: Important Update on ITR Form 16 – When Will You Receive It?
As the financial year 2024-25 nears its end, taxpayers must focus on important tax-related documents, including the Income ...
Indiatimes23d
Taxpayers take note! Crack down against 40,000 TDS/TCS defaulters planned by Income Tax department
The Income Tax Department is set to launch a nationwide action against nearly 40,000 taxpayers who have failed to deposit their TDS/TCS. A 16-point strategy has been devised, leveraging data ...