To generate a big amount every month from PPF(Public Provident Fund), you have to begin with a Rs 1.50 lakh investment every ...

1. Liability of deduct and pay the tax; 2. Interest on non-deduction of tax at 1%; 3. Treating assessee in default under ...

The govt said: "The word ‘total income’ has been replaced with ‘total undisclosed income’ in the marginal heading and in ...

The Lagos State Internal Revenue Service’s Director of Legal Services, Seyi Alade, speaks to ARINZE NWAFOR on how the agency is ramping up its drive for more residents to file returns and avoid tax ...

HM Revenue and Customs (HMRC) has spelled out the rules on a four-year limit for taxpayers to claim a refund on some overpaid taxes. A taxpayer contacted the group over social media to pose the ...

From contributions to conversions to distributions, don’t fall into these traps when managing your IRA. Waiting until the 11th hour to contribute Investors have until their tax-filing ...

If you enjoy being angry, politics is your surest bet, and so by all means analyze that hellhole until you are purple in the ...

Learn what net income means for businesses and individuals, how it's calculated, and why it's a crucial financial metric.

Here are IRA contribution limits, income limits and rollover rules for Roth, traditional, SIMPLE and SEP IRAs at a glance.

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...