Income Tax Trap: Avoid This Common Mistake When Transferring Money to Your Wife
Income Tax Rules: A lot of folks, trying to cut down on their income tax, move cash into their partner's…
tax rules
Income Tax Rules: Will You Be Taxed on Funds From Your Father’s Joint Account After His Death?
Income Tax Rules : After the father passed away, his children have equal rights to his wealth. The big question…
Diwali bonus under Income Tax rule? Know which gifts are not tax-free
Diwali or any other occasion means a time for celebration. During these special moments, people tend to spend a lot;…
Income Tax– CBDT made a big announcement, new rules for crore taxpayers
Income Tax – Big news has come for investors and taxpayers regarding the Income Tax Department. CBDT (Central Board of…
Caution! These 5 Major Financial Transactions Are Under Direct Income Tax Scrutiny, Know the Rules to Avoid Notices
In the digital age, the ways of handling money transactions have changed, and along with it, the Income Tax Department's…
Received a Costly Gift from a Friend? Here’s How Much Tax You’ll Have to Pay
Tax is the main source of income for the government. The government uses the money collected from taxes for the…
Income Tax-Bank Account Link Process Step By Step
Income Tax Return (ITR): Individuals will soon begin submitting their tax returns for the financial year 2024-25. It is important…
Can You Be Fined 100% for High Cash Transactions? Know the Latest Tax Rules
The government wants to promote digital transactions, so rules have been set to prevent payments in cash beyond a certain…
PAN Card Update: Have More Than One PAN? You May Face Rs 10,000 Fine—Check Rules Now
If you have more than one PAN card, be careful. The Income Tax Department has decided to take strict action…
Savings Account Alert: Avoid Transactions Above This Amount to Prevent Income Tax Scrutiny Under New Rules
We keep our savings in savings accounts, but there is a limit to this. If we have more money in…