Tag: Income

Sovereign Gold Bonds: Understanding income tax exemption on early redemption of SGBs

I had invested in Sovereign Gold Bond (SGB). I opted for early…

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Viral Video: Vlogger Shows Vada-Pav Street Vendors Monthly Income, Leaves Internet Stunned

Many people wonder whether street vendors earn more than many white-collar professionals. A…

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Income tax audit report deadline for FY24 extended to THIS date amid e-filing portal issues

Tax audit extension: The Central Board of Direct Taxes (CBDT) has extended…

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Can I revise my income tax return to claim certain DTAA benefits?

I filed my income tax return (ITR) as a non-resident Indian (NRI)…

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The invisible burden on low-income workers that’s equivalent to a 35% tax paid by crorepatis

“This tax is as high as 35%, the same as what people…

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Is Aditya Birla’s new Income Suraksha Plan worth it? Exploring monthly income in term insurance

Behind the allure of a lump-sum insurance payout lies a harsh reality:…

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Raising farmer income is a key priority for India

The issue of raising farmers’ income and equitable distribution of opportunity in…

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Income tax: Scores of taxpayers get I-T notices under section 148; can be challenged, says ICAI ex-chief Ved Jain

Some income taxpayers have reportedly received notices under section 148, which is…

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How your residential status affects income tax in India

If you are a resident of India, all your global income, wherever…

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Income Tax: Is your refund being held up over defective I-T return? This is what you should do

The deadline to file an income tax return (ITR) passed on July…

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Tax rules: Claiming vacant house as self-occupied in income tax return

I own a house which is self-occupied. My wife is a homemaker…

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Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump’s reported sources of income

Former President Donald Trump owns more than $1 million worth of cryptocurrency…

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Maharashtra News: ‘My husband gets Income Tax notice every time I speak against govt in Parliament,’ claims Supriya Sule

Nationalist Congress Party (Sharad Pawar) leader Supriya Sule has claimed that her…

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Missed to file income tax return by last date? You can still claim ITR refund, here’s how

For individuals who have filed their income tax return (ITR) and are…

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ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide

Now that you have filed your income tax returns, you must be…

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How a 10% surcharge can swallow up to 70% of your income above ₹50 lakh

The concept of a surcharge is simple – it’s an extra tax…

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ITR filing: When will you get income tax refund? Key questions answered

The last date to file an income tax return (ITR) ended on…

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Income Tax: As the ITR filing deadline for FY24 ends tonight, be aware of these key points

Since the deadline to file income tax return (ITR) did not get…

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What is the connection between budgeting and personal finance? MintGenie explores

Although often ignored, budgeting is the key to achieving success and stability…

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