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Infosys gets demand notice of ₹341 crore from income tax department

Infosys receives tax demand of ₹341 crore from income tax department

Income tax departmentInfosys ltd onIncome tax actIt giant infosysGovernment of indiaIncome tax act of 1961Tax liability

5 post office savings schemes that do not offer tax saving benefit under section 80C

List of post office schemes that does not offer tax benefits under section 80C of Income-tax Act, 1961.Let us now take a look at each of these schemes in detail and how investments and interest earned are taxed.

Vikas patraOffice timeOffice monthly income schemeNational savings recurring deposit accountNational savings time deposit accountOffice recurringIncome tax actMahila samman savings certificateMahila samman savings certificatesSavings time deposit accountSavings recurring deposit accountMonthly incomePost office savings schemesSection 80cSection 80c of the income tax act 1961Income tax act of 1961

Budget 2024: Will the government revise taxes on employee stock ownership plans? Here s what experts say

Under the Income Tax Act of 1961, ESOPs are taxed twice first when employees exercise their stock options, and again when they sell their shares.

Nirmala sitharamanLok sabhaUnlisted company foreignInterim budgetEmployee stock ownership plansIncome tax actRahul charkhaEconomic lawsForeign companyBudget 2024Sop taxesEmployee stock ownership plansIncome tax act of 1961Union finance ministerNirmala sitharamanInterim budget

Tax Season Is Here: Check Effective Ways To Save Money On Your Hard-Earned Income

Opportunities to save taxes and lower their overall tax liability are always welcomed by income taxpayers.

New delhiIncome tax actAlso readPaytm sackedCost cutting measuresMade headlines in ongoing yearUnder sectionMutual fundsRajiv gandhi equity savingsTerm capital gainsEquity sharesRent allowanceHouse rent allowanceTravel allowanceIncome taxIncome tax act

Sovereign Gold Bond 2023-24: Govt announces two more tranches; check dates, how to apply, payment modes, and more

SGB 2023-24 tranches notified: The investors will receive an interest rate of 2.50 per cent per annum payable semi-annually on the nominal value.

Union bankIncome tax departmentStock holding corporation of india limitedClearing corporation of indiaPunjab national bankReserve bankSovereign gold bondsStock holding corporationIndia limitedClearing corporationGold bondState bankHindu undivided familiesFinance ministryGovernment of indiaReserve bank of india

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