Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

These TSX dividend stocks offer high yields and monthly payouts. These stocks can help you earn over $227 in tax-free income ...

The surprise tax cut in the budget will make the lowest income tax rate 14 per cent from 2027, but the concessional rate on ...

Under the income tax law, a tenant who is living in a property and paying a rent of Rs 50,000 for it, he must deduct TDS of 2 ...

If your monthly rent exceeds ₹50,000 and you’ve claimed HRA without deducting Tax Deducted at Source (TDS), the Income Tax Department’s automated system may flag your return.

Brazil's government on Tuesday unveiled a long-promised plan to exempt individuals earning up to 5,000 reais ($881.27) per ...

But suddenly, an unexpected Income Tax Notice arrives ... (HUFs)—not under a tax audit—who pay rent above ₹50,000 per month must deduct TDS at 5% (this drops to 2% from October 2024).

The current progressive personal income tax (PIT) list has seven brackets, with rates from 5 percent to 35 percent. Experts ...

The treasurer has rejected giving working-age people further relief from bracket creep and ruled out broader tax reform in ...

Confidence among South Africans earning over R20,000 per month has tanked, with many now expecting the economy and their ...