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3 mins read
Budget 2023 proposes 20% TCS on foreign expenses under LRS
Overseas education and medical treatment: For both overseas education and medical treatment, t…
2 mins read
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
2 mins read
Claiming tax exemption showing rent paid to relatives? Five things to keep in mind
If you are employed, and receive a house rent allowance (HRA) as part of your salary, you have the …
3 mins read
Credit card now under LRS ambit – 20% TCS to be charged on spends using international credit cards
The Central government has amended the rules under the Foreign Exchange Management Act to bring cre…
3 mins read
Changed your job in the last financial year? Here’s how to get your tax filing in place
If you have changed your job recently, any time before 31 March 2023, you need to be more careful w…
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 …
2 mins read
The tax deductions you can claim if you have a home loan in 2023-24
When deciding which tax regime to opt for, those with a home loan may prefer the old tax regime, as…
6 mins read
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…