Searched for
TAX ON INTEREST
Rs 15 lakh, Rs 20 lakh or Rs 25 lakh CTC? Check your exact TDS under new vs old tax regime for Tax Year 2026-27Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared incom...
Rs 1.54 crore retirement corpus through PPF: How many years will it take if you invest Rs 1.5 lakh a year?PPF calculator: Aspiring to build a substantial retirement fund? The Public Provident Fund (PPF) offers a compelling avenue for low-risk in...
Did you put an FD in your wife's name? A step-by-step guide on how to claim the tax credit back in your ITR
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
Senior citizens can now earn up to 7.95% FD interest at Bandhan Bank as lender hikes fixed deposit rateSenior citizen FD interest rates: Bandhan Bank has boosted fixed deposit interest rates, offering senior citizens a compelling up to 7.95% ...
No Form 16? Here's how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. ...
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksSenior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attra...
NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
FPIs pump record funds into G-Secs after policy shiftForeign funds are pouring into India's government bond market at a record pace this month, driven by tax exemptions on interest and capital...
ITR filing 2026: Avoid these 5 mistakes that may trigger extra tax and interest for salaried employees
SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...