India Today10h
Income tax return 2025: ITR-2 filing now made easier
ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...
CNBCTV1810h
PAN card holders must update Aadhaar number in these cases by Dec 31
The Permanent Account Number (PAN) is a unique 10-digit alphanumeric identifier issued by the Income Tax Department. The ...
Tax Guru11h
Understanding HRA, TDS, and Income tax notices: Analysis
HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA exemption under Section 10 (13A) of the Income Tax Act if they pay rent for ...
CAs, taxpayers push back after Income Tax dept sends rebate notices
One option taxpayers have is challenging demand notice before tax appellate authorities, using the Bombay High Court's ruling ...
Institute for Fiscal Studies14h
How did tax credits transform the UK welfare system?
Over 20 years since they were introduced, tax credits have now been replaced by universal credit. How did they change the UK ...
TONY HETHERINGTON: HMRC wants £75 a week from my pension for overpaid tax credits
When I was threatened with legal action, I agreed to a deduction of £4 from my pension. But now they want to collect £147 ...
Tax Guru16h
Income Tax Department Alerts Assessees on Non-Deduction of Tax on Rent
Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...