Page 45 - Tds News Today

Keep your hair and skin in top shape with these simple strategies against water-related issues | Health

Individuals can claim income tax deductions of up to Rs 1.5 lakh under Section 80C of the Income-tax Act of 1961 when they make tax-saving fixed deposits.

Preeti Khurana says: "Individuals should choose investment products based on their risk profile and investment horizon. Popular products under 80C include life insurance premium, ELSS, PPF, and ULIPs. Tax payers can switch from the old tax regime to the new tax regime at the beginning of the new financial year. Dont forget to claim tax benefits for health insurance and submitting reimbursement claims to reduce tax liability."

As the financial year comes to a close, taxpayers are supposed to submit proof of their investments, failing which employer is entitled to deduct a higher TDS in the last months of financial year.

Is it really necessary to have your eyes dilated? Can you drive after eye dilation? Learn more about the benefits of the procedure and how to prepare.

Rick tsai. president trump, im calling out to you we will give this country more tds, trump and tsai de deragement syndrome. >> carley: you feel like east palestine has been abandoned and are doing something about it. we appreciate the update. lloyd austin is still in the hospital and no word from the white house on when our defense secretary will be back to work. >> todd: one house republican says austin needs to be impeached. were live with the latest.

Interim Budget 2024: Lately, there has been a heightened emphasis on deductors adhering to TDS (Tax Deducted at Source) regulations, and failure to comply carries significant penalties. However, managing TDS compliances operationally can be intricate and time-consuming, posing interpretational challenges and placing an extra burden on the deductor. Read on to know how Budget 2024 can help ease the TDS pain.

There are many private sector banks who are offering an interest rate up to 8.1% on senior citizen fixed deposit (FDs). However it must be noted that if the interest from all the FDs in a particular bank exceeds Rs 50,000 then tax deducted source (TDS) would be deducted. Read here to know the senior citizen FD rates of top five private sector banks.

Budget 2024: ClearTax CEO suggests increasing the deduction limit for medical insurance premiums, streamlining the capital gains tax regime, and rectifying the income tax classification of Bengaluru

The income-tax (I-T) department has recorded a surge in filing of Income-tax Returns (ITRs), resulting in a new record of 8.18 crore ITRs for the A.Y. 2023-2024