Finance minister Nirmala Sitharaman won’t cut the tax rate for large companies to 25% from 30% in the forthcoming budget and may raise the long-term capital gains tax, as the government grapples with a potential revenue shortfall and additional spending commitments. The Narendra Modi administration...
The tax records are integrated online, so even a small mismatch in detail can be detected and can result in an enquiry.Simple calculation errors may get you a demand notice, asking you to pay due tax. The IT Department will now pry into your social...
Through e-wallets and UPI, it has become easy to send and receive money through your phone. Often, debts to friends may be settled in this manner. For example, you're at a restaurant with your friends, and you pay the whole bill, while everyone pays you...
