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You Searched For "what is scrutiny in income tax" and got 19 results


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5 mins read

From ALICEs to HENRYs, here's what people across the tax brackets discuss in therapy

Therapists shared what their clients talk about with Business Insider. While ALICEs struggle with t…

Serafina Kenny   


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3 mins read

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…

Allie Kelly   


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2 mins read

New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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5 mins read

This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'

Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…

Hayley Cuccinello   


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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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2 mins read

ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties

You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…

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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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7 mins read

SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how

It's no secret that futures and options see extreme risks, with most traders losing money regularly…

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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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3 mins read

Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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4 mins read

Americans moving to Canada should be aware of these 4 tax and investment implications

Interest in moving to Canada has spiked among Americans. Financial advisor Tiffany Woodfield shares…

Christine Ji   


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3 mins read

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…

Graham Rapier   


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2 mins read

Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.

Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…

Allie Kelly