New income tax rules: No escape just by paying penalty

New income tax rules: No escape just by paying penalty


The new guidelines kicked in from this Monday and applies to all cases for compounding received on or after June 17 The revised guidelines issued by the Income Tax Department have made serious offences under black money and benami laws 'generally' non-compoundable

Budget 2019: Will income tax slabs, rates get another revision?

Budget 2019: Will income tax slabs, rates get another revision?


Some people said they want the new finance minister to further increase the basic exemption limit from Rs 2.50 lakh to Rs 5 lakh. A few others want the government to increase income tax deduction under Section 80C of the Income Tax Act.

10 ways to keep your credit card debt under control

10 ways to keep your credit card debt under control


Buyers using credit need to be cautious of the fact that they don’t end up in a debt trap. Here are ways to manage debt better even while using a credit card.

EPF advance: Check how much money you can withdraw from your PF account

EPF advance: Check how much money you can withdraw from your PF account


An EPFO subscriber can take non-refundable PF advances during the service period for s purposes Under the Provident Fund scheme, you can take both refundable and non-refundable loans

Budget 2019: Follow these simple steps to reduce your taxable income under new rules

Budget 2019: Follow these simple steps to reduce your taxable income under new rules


The number of tax deduction limits have been increased under income tax rules that will be effective from the financial year 2019-20 or (the accounting year 2020-21). The low and middle-income group will be the biggest beneficiaries of the new tax rules.

Opinion | Planning higher education for your little one

Opinion | Planning higher education for your little one


Like most other goals, a high quality education goal(s) can be achieved, with the right planning, discipline and execution

Good News! Take-home salary of nearly 4 crore workers set to rise as ESIC contribution cut

Good News! Take-home salary of nearly 4 crore workers set to rise as ESIC contribution cut


ESI scheme being contributory in nature, all the employees in the factories or establishments to which the Act applies shall be insured in a manner provided by the Act.

Budget: Industry Body For Hike In 80C Income Tax Deduction To Rs 3 Lakh

Budget: Industry Body For Hike In 80C Income Tax Deduction To Rs 3 Lakh


India Budget 2019: Assocham has demanded that the deductions under the Section 80C of the Income Tax act should be increased to Rs. 3 lakh.

The do’s and don’ts of making a health insurance claim

The do’s and don’ts of making a health insurance claim


Make sure you call and inform the insurer of your health-related emergency and which hospital you are going to be admitted in.