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TDS on rent and contract work: How small taxpayers can avoid penalties

New Delhi, April 21 -- When a young Mumbai-based couple bought an apartment from a seller who resides outside India, they ensured that they fully complied with the rules on tax deducted at source (TDS... Read More


New tax regime: Can presumptive taxation make business incomes up to Rs.2 crore tax-free?

New Delhi, April 16 -- Under the new tax regime, incomes up to Rs.12 lakh will incur zero income tax starting the current fiscal year. Small businesses and professionals with turnovers up to Rs.2 cror... Read More


Want a budget vacation in New Zealand? This couple's hacks may help

New Delhi, April 7 -- How do you plan a budget international vacation? Pick a destination with affordable flight options, book alternative lodgings at hotels, utilize public transport, and shortlist f... Read More


Planning a vacation in New Zealand? This couple's hacks may help

New Delhi, April 7 -- How do you plan a budget international vacation? Pick a destination with affordable flight options, book alternative lodgings at hotels, utilize public transport, and shortlist f... Read More


Mumbai circle rate revised; property prices increased at CAGR of 3% in 10 years

New Delhi, April 2 -- The Maharashtra government has increased ready reckoner (RR) rates for FY26 after a gap of two years. RR rates, also known as circle rates, are the state government's estimates o... Read More


Claimed HRA but skipped TDS on rent? The taxman wants answers

New Delhi, March 27 -- The Income Tax Department is sending notices to salaried taxpayers who claimed House Rent Allowance (HRA) but did not deduct tax at source (TDS) on rent payments in past financi... Read More


How switching MFs to dividend option to book unrealised loss can reduce your tax bill

New Delhi, March 24 -- With only a week remaining until the end of the current financial year, now is the right time for investors to book their unrealised losses to reduce the overall tax bill. Sever... Read More


Credit card wars: Will ICICI unseat HDFC Infinia with Emerald Private Metal?

New Delhi, March 24 -- The battle for India's most rewarding credit card is heating up. As premium customers chase higher returns on travel and shopping, banks are stepping up with exclusive reward pl... Read More


Navigating GST registration hurdles: What freelancers and small businesses should know

New Delhi, March 23 -- Registering for GST as a freelancer or small business owner seems simple on paper. A quick look at the mandatory requirements on the official website shows that you need just tw... Read More


Advance tax: Here's how to calculate and pay your final instalment for the fiscal year

New Delhi, March 11 -- March 15 is the last date to pay advance tax for the current financial year. Advance tax is essentially the tax you pay on all other income besides your salary. If your total t... Read More