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TAX DEDUCTIONS
Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this yearMark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10...- How jewellers calculate gold jewellery price: This formula reveals the final bill - Don't ignore these costsGold jewellery price calculation: Gold jewellery is available in different purities, including 22KT, 18KT and the increasingly popular 9KT,...
- Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probeA Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Depa...
- Income Tax 2026: 3 key changes in deductions & exemptions every taxpayer must knowThe Finance Act, 2026 outlines significant changes in income tax deductions and exemptions for Tax Year 2026-27. Non-resident individuals w...
- Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too muchA LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 2...
- Odoo 20 strengthens business operations with deeper India-specific compliance featuresOdoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll ...
- Meesho sees near-term margin pressure as it reinvests in growthThe value commerce platform’s September quarter results on Wednesday showed its contribution margin rising to 6% of net merchandise value (...
- Indians working in UK: Per diem paid by Indian company may be tax-free in India if these conditions are metIndians working in the UK may receive per diem payments from their Indian employers. However, these payments are generally taxable in the U...
- Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement incomeMany American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For peo...
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- Paytm’s Q2 profit jumps 10-fold to Rs 225 crore, revenue up 28%Revenue growth was in line with brokerage estimates, but net profit fell short of expectations. Brokerages had projected operating revenue ...
- NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
- Sell rental properties or buy stocks? Dave Ramsey told one landlord to sell one, keep one, and claimed 20% to 25% returns. Here’s what the data showsDave Ramsey says rental properties can build wealth faster than stocks, but the returns are not guaranteed. A 37-year-old landlord with $25...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
- UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...
- Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...
- How control of Congress after the US midterm elections could affect your taxes and billsThe November 3, 2026, US midterm elections could influence how much Americans pay in taxes, health insurance premiums and other household e...
- Maharajah Bonds gain investor appeal with TDS exemptionIn a notification dated October 19, the Central Board of Direct Taxes (CBDT) said no tax would be deducted at source on interest paid to el...
- CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDSThe exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax ye...
- Transferring immovable property? How TDS compliance is now simpler with new Form 141With the introduction of Form 141, taxpayers can easily report TDS by combining several earlier forms into one streamlined approach. This u...
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