Cleartax.in | Last Updated: August 02, 2015 19:14 (IST)
Your return filing process can be a breeze if you have a Form 16 handy. If your employer did not give you a form 16, take heart, you can still file your income tax return without it.
NDTV | Last Updated: August 01, 2015 18:43 (IST)
The income tax rules on provident fund withdrawal from Employees Provident Fund Organisation (EPFO) have changed from June 1, 2015.
Press Trust of India | Last Updated: August 01, 2015 18:19 (IST)
Retirement fund body EPFO (Employees' Provident Fund Organisation) plans to give an option to its subscribers to choose from various investment products where they want their money to be invested and a larger focus might be eventually on the equity market.
Press Trust of India | Last Updated: July 30, 2015 23:35 (IST)
Just 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.
Rama Karmakar, EY | Last Updated: July 28, 2015 14:53 (IST)
It is that time of the year again when most of us have to file our income tax returns. While doing so, we should keep in mind that loss from a source of income can be helpful in maximizing tax benefits. Income tax laws in India allow the adjustment of losses (set-off) from income either in the same financial year or in the subsequent financial years. Let's see how this works.
Press Trust of India | Last Updated: July 26, 2015 19:39 (IST)
Facing an uphill target, the Department of Disinvestment (DoD) wants the Employees' Provident Fund Organisation (EPFO) to invest Rs 6,000 crore in India's only exchange-traded fund (ETF) of PSU stocks, but the retirement fund body is now keen on investing only Rs 1,000 crore.
Press Trust of India | Last Updated: July 26, 2015 11:29 (IST)
India has seen the second biggest outflow of high net worth individuals in last 14 years, with as many as 61,000 millionaires shifting base to abroad due to reasons like tax, security and child education, says a report.
Press Trust of India | Last Updated: July 24, 2015 20:25 (IST)
At present, Employees Provident Fund Organisation (EPFO) subscribers can withdraw the entire amount prematurely by showing not employed anywhere for two months.
Thomson Reuters | Last Updated: July 23, 2015 10:40 (IST)
Investment in Indian equity mutual funds by domestic retail investors has hit the highest since 2008, signalling the return of individual players drawn to a stock market that is outperforming physical assets such as gold and real estate.
Press Trust of India | Last Updated: July 21, 2015 15:20 (IST)
According to the scheme, such a declaration filed online by an individual or entity will have to mandatorily bear a "digital signature" for validation.
NDTV | Last Updated: July 20, 2015 17:27 (IST)
Global gold prices suffered a big selloff on Monday amid a rising dollar, growing expectations of a rate hike from the US Federal Reserve and selling pressure in China.
Creditvidya.com | Last Updated: July 19, 2015 19:52 (IST)
With unlimited youthful energy, a capacity to earn more and wonderful years ahead of them, students definitely need to learn about handling money matters early in life. The points below are good starting points to help students think in that direction.
Cleartax.in | Last Updated: July 19, 2015 16:37 (IST)
Non-resident Indians have to pay tax and file a return in India if there income from sources in India exceeds Rs 2,50,000 in financial year 2014-15. Similar to resident Indians some deductions are available to non-resident Indians in their tax return.
Press Trust of India | Last Updated: July 19, 2015 12:18 (IST)
Passengers booking 'tatkal' train tickets would not be required to produce identity proof anymore as Railways has decided to discontinue with this provision.
NDTV | Last Updated: July 19, 2015 11:47 (IST)
The government has allowed seven state-owned entities, including National Highways Authority of India (NHAI), Indian Railway Finance Corporation (IRFC) and National Thermal Power Corporation Ltd (NTPC), to raise Rs. 40,000 crore in the current fiscal through tax-free bonds.
Cleartax.in | Last Updated: July 18, 2015 20:22 (IST)
As the income tax return or ITR forms are released by the Income Tax Department, and with the start of e-filing of returns, it's common for the salaried or those earning an income to have some basic questions about tax returns.
Cleartax.in | Last Updated: July 18, 2015 14:39 (IST)
Not many taxpayers know that the process of filing tax returns is not complete until your return is verified. Till last year, most of the ITRs or income tax returns could be verified by signing and sending a physical document, an acknowledgement, called the ITR-V to CPC, Bangalore.
Press Trust of India | Last Updated: July 17, 2015 21:50 (IST)
The government's decision to allow the Employees' Provident Fund Organisation (EPFO) to invest 5 per cent of its investible fund of Rs 1 lakh crore in exchange-traded equity funds has made mutual fund houses bullish about launching retirement equity funds, industry officials said.