Advance tax simply means paying your income tax in parts throughout the year, instead of waiting till the end. If your total tax due for the year is more than Rs 10,000, then you must pay it in advance in four instalments.
Rs 23 lakh in India can go as far as Rs 80 lakh in the US when it comes to daily living costs. An upcoming author reveals the impact of Purchasing Power Parity (PPP) on salary comparisons between India and the US.
For many honest taxpayers, the unexpected arrival of an income tax notice in their inbox can trigger anxiety. However, most of them are often routine and manageable. This article explains what these notices really mean, why they're sent, and what you should do if one lands your way.
While the metros still lead in the number of jobs, the speed of growth in smaller cities is hard to ignore, noted co-founder of HireVeda and ExecEdge.
With the advent of digital platforms, accessing and using Form 16 has become more straightforward, making it a vital document for accurate and hassle-free income tax return (ITR) filing.
It's a common belief that managing every rupee wisely equals financial discipline. People cut back on little indulgences and chase discounts, feeling financially in control, yet, their money may be slipping away in unnoticed ways.
Banks need to be sure you can pay back the money you borrow. For salaried individuals, a regular pay cheque and Form 16 usually provide enough assurance. However, for self-employed individuals, ITRs over several years give a more consistent and reliable picture of earnings and financial health.
Key changes in the Income Tax Return (ITR) filing process for those opting for the old tax regime in the Assessment Year 2025–26.
Mutual fund SIPs reached a fresh high of Rs 26,688 crore in May, inching up from Rs 26,632 crore the previous month, as per AMFI data released on June 10.
Starting a company in Dubai sounds appealing with no income tax and easy formalities. But if you operate from India, authorities might still consider it an Indian firm. Here's why.
A financial influencer warns that unchecked money printing and currency devaluation could be reducing the real value of properties and other assets, urging investments in inflation-resistant assets.
Borrowers can expect EMIs on home loans, personal loans, and other credit products to come down slightly, offering a bit of breathing space amid rising living costs.
