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reserve bank of india: How treasury bills returns are calculated, taxed: Learn this to maximise gain from current higher yields

Treasury bill is a short term debt instrument issued by the Reserve Bank of India on behalf of the government of India. Treasury bills are also called zero coupon bonds since they are issued at a discount to face value and redeemed at par. Here's how the return for treasury bill is calculated and taxed.

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While filling Income Tax Return form online, I accidentally deleted section 80TTA details. How can I get the prefilled ITR form back

In this edition of Ask Money Today, find out what you can do if you accidentally delete prefilled data from your ITR form

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What is a defective income tax return (ITR), how to correct it

A taxpayer will get a notice pertaining to his/her return being classified as defective due to many possible reasons like PAN name mismatch, incorrect ITR form, among other reasons. Read below to find out how to correct those errors and rectify those mistakes.

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Income Tax Return for AY 2023–24: When do salaried employees get their Form 16? Here's a quick guide to filing ITR

Taxpayers should remain cautious while using pre-filled ITR forms and consider filing only after verifying all information present in the forms

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Planning to sell your property? Know your responsibilities as a seller

Complexities that property transactions entail can be challenging to deal with for sellers as well as buyers, particularly the taxation aspect of the entire process.

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Caveat Emptor: Deduct TDS on property purchases, or else…

If the property value exceeds Rs 50 lakh, the buyer is required to deduct TDS at a rate of 1 percent of the total value and deposit it with the government.

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