Other Income Tax Forms & Compliance Statements: Transitional treatment of key compliance forms spanning Income-tax Act, 2025 & Income Tax Act, 1961. The Income Tax Act, 2025 introduces a comprehensive ...
Senior citizens can secure attractive fixed deposit rates, with some banks offering up to 7.9% for a five-year tenure on deposits up to Rs 3 crore. While banks deduct TDS on interest exceeding Rs 1 ...
Senior citizens can now earn up to 8% interest on fixed deposits for a three-year term with select small finance banks. While deposits are insured up to Rs 5 lakh, experts advise caution and limiting ...
Funds gifted by child to parents is not taxable, as it is between specified relatives, under Section 56(2)(x) of the Income-Tax Act, 1961. Hence, there are no tax implications on the transfer to your ...
Google announced earlier this week that it was building a new data center in Minnesota that would be powered by a mix of wind, solar, and a very unique battery built by startup Form Energy that’s ...
In the Union Budget 2026, an important reform has been announced with the objective of making tax administration more digital, transparent and system-driven. Under Section 395 of the Income-tax Act, ...
The couple got married in June 2022 and welcomed their first baby in October 2024 Tommy McArdle is a writer-reporter on the Movies team at PEOPLE. Tommy joined PEOPLE in 2022. Mike Marsland/WireImage; ...
Filing Income Tax Returns (ITR) can often seem daunting, especially for senior citizens. Ensuring correct ITR filing for senior citizens is essential not only for legal compliance but also to avail ...
Nick Blackmer is a librarian, fact-checker, and researcher with more than 20 years of experience in consumer-facing health and wellness content. Research suggests that it may take far fewer than ...
Indian taxpayers face five essential tax deadlines on April 30, impacting declarations, TDS deposits, and forms 15G and 15H. These crucial dates could influence financial compliance and planning. The ...