Here’s a checklist of the tax forms needed to file your return
If you’re expecting a tax refund this season, you can avoid delays by filing a complete and accurate return. But first, you’ll need to gather your tax forms. You get …
income tax
Why Social Security beneficiaries may owe more taxes on benefits
Alistair Berg | Digitalvision | Getty Images A record 8.7% cost-of-living adjustment helped Social Security beneficiaries stave off the effects of inflation in 2023. But as they file their federal …
10 essential rules of personal finance that you should follow
Insurance and retirement planning are key components, ensuring financial security in the long run. Understanding tax implications and continuous learning about financial matters contribute to a solid foundation. Personal finance …
Sextortion, fake digital loan apps and 5 other biggest online scams that netizens in India may face in 2024
Driven by the Asia Pacific’s (APAC) rapid digitalization movement and known geopolitical frictions, experts at Kaspersky predict the upcoming cybersecurity threat landscape in the region this year.Global cybersecurity company reveals …
CBDT: ONDC: Income Tax department clarifies applicability of TDS liability for online retailers
The income tax department has clarified the applicability of TDS liability of e-retailers trading through the government’s ONDC initiative. ONDC or Open Network for Digital Commerce is a new initiative …
3 year-end investment tax tips from top-ranked financial advisors
Catherine Falls Commercial | Moment | Getty Images The page has almost turned on 2023 — and that means time is running out to make certain tax moves by year’s …
income tax: Maruti Suzuki hit with Rs 2,159 crore Income Tax Draft Assessment Order
India automobile major Maruti Suzuki on Tuesday received a draft assessment order from the Income Tax department for FY 2019-20 amounting to Rs 2,159 crore. In an exchange filing, the …
Here’s why Americans can’t stop living paycheck to paycheck
For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on …
Number of ITRs filed during April-June 2023 increases by nearly twofold, reaching 1.36 crore.
NEW DELHI: The number of income tax returns filed between April-June 2023 nearly doubled to over 1.36 crore over the previous year, indicating early filing by taxpayers to avoid last-minute …
Avoid Penalties: 5 Essential Things Taxpayers Should Know
To avoid penalties, it is important to know these 5 things about filing your income tax return (ITR) before the deadline: 1. Assistance: The income tax department provides a 24/7 …