PPF for Regular Income: Possible to earn Rs 85,000/month tax-free income from Public Provident Fund?
To generate a big amount every month from PPF(Public Provident Fund), you have to begin with a Rs 1.50 lakh investment every ...
Tax Guru28m
TDS on rent, confusions? Here are the possible solutions!
1. Liability of deduct and pay the tax; 2. Interest on non-deduction of tax at 1%; 3. Treating assessee in default under ...
Relief for taxpayers in income tax search and requisition cases as government amends the Finance Bill 2025
The govt said: "The word ‘total income’ has been replaced with ‘total undisclosed income’ in the marginal heading and in ...
HMRC explains 4-year rule for income tax, National Insurance, capital gains tax
The tax group also provided a webpage link for more rules on claiming overpayment relief. You can claim this relief for ...
The Punch on MSN3h
Lagos to enforce personal tax filing – LIRS director
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 ...
PPF Calculation: How much will you earn in 20 years by investing Rs 3,000, Rs 7,000, and Rs 11,000 monthly in post office Public Provident Fund?
The post office offers several investment schemes, amongst them is the Public Provident Fund (PPF). It is popular for its ...
HMRC warning over four-year rule to claim back overpaid tax
HMRC has issued a warning over a four-year limit to claim back overpaid tax. The issue came to light after a customer ...
HMRC update after concerns raised about unpaid tax letters
HMRC has clarified its stance on unpaid tax following concerns raised by an individual who received a letter from the tax ...
Tax Guru6d
Reassessment Beyond 10-Year Limit: HC Clarifies Scope of Finance Act, 2017 Amendments
The court examined the amendments introduced by the Finance Act, 2017, which expanded the reassessment period from six years to ten years, subject to certain conditions. The Revenue contended that the ...
HMRC clarifies unpaid tax rules after taxpayer receives worrying letter
HMRC has explained its procedures around unpaid tax after a person was concerned to receive a letter from the tax authority. The person asked over social media: "I received a letter from HMRC saying ...
HMRC warning over time limit to claim back overpaid 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 ...
10 IRA mistakes to avoid
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 ...