Planning to submit fake rent receipts to claim HRA? Here’s how Income Tax dept catches fraudsters
Experts warn that those caught could face a penalty of up to 200% of the misreported amount under Section 10(13A) of the ...
Planning to submit fake rent receipts to claim HRA? Here’s how Income Tax dept catch fraudsters
Experts warn that those caught could face a penalty of up to 200% of the misreported amount under Section 10(13A) of the ...
Contractor12h
5 Smart Tax Planning Strategies for Your Contracting Business
Implementing Employee Benefit Programs can be part of a contractor’s tax planning strategy. These programs include health ...
Tax Guru25m
Unlocking Mysteries of Gross Total Income and Income Tax Deductions
The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, acquiring a comprehensive understanding ...
Tax Guru20m
Income from Business and Profession under Income Tax Act 1961
In the realm of taxation, income is classified into various categories, with one of the most significant being Income from Business and Profession. This ...
The Simple Retirement Formula: Save More, Spend Less
Retirement planning ultimately boils down to a simple equation: the more saved, the sooner financial independence becomes ...
Tax Relief Services: Your Guide to Financial Stability
Discover top-rated tax relief services to help you resolve tax issues, reduce debt, and avoid penalties. Learn how ...
Gregg Bloomberg
Gregg Bloomberg is a partner with CohnReznick and a leader of the firm's Commercial Real Estate Industry practice in its West ...
Illinois eyes taxing motorists by the mile — rather than by the gallon of gas
Under proposed legislation, Illinois would explore the viability of reducing reliance on the state's gas tax by putting in ...
Donald Trump planning no tax for below $150,000 earners? Here’s what US Commerce Secretary Howard Lutnick said…
US Commerce Secretary Howard Lutnick said that Donald Trump aims to abolish taxes for those earning less than $150,000 a year. The remark was recieved positively on social media by Republican ...
Why shift in wealth-creation strategies under the new tax regime important?
The removal of deductions means investors must focus on real returns and financial goals rather than just tax savings, say ...
Rachel Reeves inheritance tax warning – act now to protect your pension from IHT raid
Budget, Reeves announced that she would charge IHT on unused defined contribution pension pots from March 2027. Currently, ...