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Now Banks To Report Interest/Dividend Income To Tax Department
The Central Board of Direct Taxes (CBDT) has released specific instructions for banks and businesses to follow when reporting details on taxpayers' interest and dividend income. The aim is for the tax department to be able to provide taxpayers with pre-filled ...
Now Banks To Report Interest Dividend Income To Tax Department

Higher Pension For Private Sector Employees: Know Details Here
Similar to government sector employees who get regular cash flows as pension money to meet expenses during sunset years, the Supreme Court has now allowed private sector employees enrolled with the EPFO until September 2014, to opt for the regular cash ...
Higher Pension Private Sector Employees Know Details Here
Is Interest On Fixed Deposits Of Minor Taxable In India?
Children many a times receive gift from relatives and grandparents in the form of money. Parents then tend to keep the money so received in fixed deposits so as to ensure they come handy when needed for the child. Also read ...
How is interest rate on recurring deposits calculated?
Recurring deposits (RD) are deposits where you can invest a sum each month periodically. This helps to build a corpus at the end of maturity period. Recurring deposits help you to start your saving with a small amount you are left ...
How Is Interest Rate On Recurring Deposits Calculated
NHAI tax-free bond issue available for subscription
National Highway Authority of India (NHA) opened its issue of tax-free, secured, redeemable, non-convertible bonds yesterday. The issue available for subscription until February 15, 2014 has a base issue size of Rs. 1000 crore. However, the company can accept over-subscription to ...
Nhai Tax Free Bond Issue Available Subscription
What is the tax exemption limit on a savings account?
The interest amount earned on a savings bank account up to Rs.10,000 in one financial year is now eligible for income tax deduction under section 80TTA of the Income Tax Act, 1961. Introduced through the Finance Bill, 2012, the section allows ...
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