Finance

The Sam Pitroda debate has gained momentum recently, especially in relation to his talks about inheritance tax and its workings. Notably, India imposed an inheritance tax in 1953 before repealing it in 1985, during the administration of Rajiv Gandhi. Despite this background, there isn’t a plan in place right now to bring back inheritance taxes. … Read more

An essential part of employee compensation in both the public and commercial sectors is the Dearness Allowance (DA). It is intended to mitigate the effects of inflation by allowing for modifications to the base pay so that workers may continue to live comfortably. We’ll explore the nuances of Dearness Allowance in this post, covering its … Read more

The Union Budget 2024 is one of the most anticipated financial events of the year, with possible game-changing developments certain to affect every sector of the Indian economy. As the Finance Minister prepares to make the budget address, there are strong anticipation for big changes to income tax legislation, healthcare breakthroughs, and other crucial sectors. … Read more

The Economic Survey 2023-24 was issued on July 22, 2024. The Economic Survey of India, published annually by the Ministry of Finance, is normally released one day before the Union Budget is presented in Parliament. This report, prepared by the Economics Division of the Department of Economic Affairs under the supervision of the Chief Economic … Read more

Filing your Income Tax Return (ITR) yearly is a fundamental duty for all taxpayers in India. In addition to meeting legal duties, it provides proof of income, which is required for obtaining loans, visas, or government contracts. Furthermore, completing your ITR allows you to seek tax refunds if you overpaid taxes. ITR filing 2024 The … Read more

Due to privacy concerns, US individuals filed a class action lawsuit against Meta (previously Facebook), the industry-leading social networking platform. The complaint deals with claims of invasions of privacy. Meta has consented to reimburse the impacted consumers $725 million as part of the settlement. Facebook Settlement 2024 There has been a delay in payments, even … Read more

It’s crucial to finish the income tax login and registration process before you may file your taxes electronically. By doing this, you’ll be able to use various tax-related services and file your returns on the Income Tax e-filing website. You must go to https://eportal.incometax.gov.in/, the official Income Tax login page, to get started. Income Tax … Read more