You Searched For "Tax defaulters" and got 20 results
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2 mins read
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
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…
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 …
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 …
2 mins read
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
1 min read
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
2 mins read
Market regulator SEBI issues list of 'most wanted defaulters' - all untraceable
In a bizarre development, the Securities & Exchange Board of India (SEBI) has released a list of so…
2 mins read
Many of Mumbai's Income Tax defaulters are from dingy chawls, says SEBI
In a curious revelation, the Securities and Exchange Board of India (SEBI) has found that several '…
2 mins read
5 ways to lower your portfolio's tax bill as government debt bites, BofA says
The end-game to America's $34 trillion pile of debt is either higher taxes or higher inflation. Her…
Matthew Fox
3 mins read
India is monitoring crypto transactions of 700 investors – evaders could reportedly face a hefty penalty tax
The Income Tax department has shortlisted 700 crypto transactions that haven’t been declared in IT …
3 mins read
Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…
2 mins read
US debt will become unsustainable and trigger default in about 20 years, if it stays on current path
After 20 years, no amount of tax hikes or spending cuts could prevent default "whether explicitly o…
Filip De Mott
3 mins read
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
3 mins read
5 tax-saving investments that will lose their charm under the new tax regime
The old tax regime offered several tax deductions that helped bring down one’s taxable income, and …
2 mins read
Biden and McCarthy reach tentative debt ceiling deal, avoiding national default
After contentious and protracted negotiations, the debt ceiling agreement helps steer the country a…
Katherine Tangalakis-Lippert
2 mins read
US could default on its debt as soon as June, says US Treasury Department
The US Treasury Department said the country could default on its debt as soon as June.
2 mins read
How to compare your tax liability in old and new tax regimes
Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…
3 mins read
Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants
The option of the new and old tax regimes and complex taxation laws require the assistance of exper…
4 mins read
Looking to file taxes on your own? Here is what you need to keep in mind
It is that time of the year again – when we have to file our taxes. While we can take the services …