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HDFC ERGO''s first-of-its-kind community portal for consumers on general insurance

HDFC ERGO General Insurance Company, India`s leading private sector General Insurance Company, showcased the new comprehensive web enabled HDFC ERGO Community portal - accessible at https://community.hdfcergo.com/ - for the consumers and the stakeholders of general insurance sector.

CBDT to honour honest taxpayers CBDT to honour honest taxpayers

 In a novel initiative revived after decades, the CBDT will soon honour lakhs of "honest and compliant" taxpayers from across the country who have paid their Income Tax dues diligently over the years.

All about Systematic Investment Plan (SIP) All about Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP) is an investment vehicle offered by mutual funds to investors, allowing them to invest using small periodically amounts instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly

Banning cash transactions over Rs 3 lakh under consideration: CBDT Banning cash transactions over Rs 3 lakh under consideration: CBDT

Government is examining SIT's recommendation of banning cash transactions of over Rs 3 lakh in a bid to clamp down on black money in the economy, CBDT Chairperson Rani Singh Nair said Tuesday.

1% TCS on cash buy not to apply on embassies, UN bodies, Govt depts 1% TCS on cash buy not to apply on embassies, UN bodies, Govt depts

Government department, embassies, consulates and UN bodies will be among those exempted from the levy of 1 percent tax collection at source (TCS) on cash purchases of above Rs 2 lakh, CBDT said Monday.

Deduction benefit under section 35AC only till March 31

Government on Friday said the benefit of deduction under section 35AC of the IT Act will only be available till March 31, in respect to the payments made to association or institution approved by the National Committee for carrying-out any eligible project or scheme.

Only 14 lakh individuals fell in 30% tax bracket in 2012-13 Only 14 lakh individuals fell in 30% tax bracket in 2012-13

Only 14 lakh individuals out of the 2.89 crore assessees in the country declared an annual income of over Rs 10 lakh, attracting the highest tax bracket of 30 percent, in assessment year 2012-13.

Retail NPS more than doubles in one year Retail NPS more than doubles in one year

Post the budgetary provision to provide tax benefits up to 40 percent of maturity of investment in National Pension Scheme, the retail segment of NPS has grown by over 100 percent over the past one year.

'Insurers will have to deal with more taxes in GST regime'

Insurance companies will potentially have to deal with more taxes once the GST is implemented with the emergence of the Centre and states as dual stakeholders.

IRDAI mulls uniform discloser norms for listed, unlisted companies

Insurance sector regulator IRDAI is mulling to bring in uniform discloser norms for both listed and unlisted companies.

Missed the deadline for filing Income Tax Returns? Here's what you can do Missed the deadline for filing Income Tax Returns? Here's what you can do

If you missed the extended deadline for filing ITR for 2015-16, here is what you can do.

Hurry up! Today is the last day to file your income tax returns Hurry up! Today is the last day to file your income tax returns

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31. But in view of the day-long strike at public sector banks, the deadline has been extended to August 5.

Govt extends last date for filing tax returns to August 5 Govt extends last date for filing tax returns to August 5

The last date for filing income-tax returns has been extended to August 5.

These bollywood movie makers, superstars have been issued service tax notices by CBEC –Know These bollywood movie makers, superstars have been issued service tax notices by CBEC –Know

Seeking to strengthen compliance and verification, the CBEC issued  notice to top bollywood movie-makers and actors asking them to divulge the details of their income.

CBDT issues draft norms for taxing buy back of unlisted shares

Central Board of Direct Taxes (CBDT) Monday came out with draft rules for determining the quantum of distributed income arising out of buy back of shares of unlisted companies for levy of tax.

I-T dept identifies 90 lakh high-value transactions without PAN; to seek details I-T dept identifies 90 lakh high-value transactions without PAN; to seek details

The high-value transaction trails were detected following the department's drive to bring to book maximum amount of black money during the one-time compliance window closing on September 30.

Now get PAN card within a day -Know how Now get PAN card within a day -Know how

For greater ease of doing business in India, the CBDT on Monday said it has put in place new protocols which will ensure that corporates are allotted PAN and Tax Deduction Account Number (TAN) within a day.

Book LTC tickets on lowest fare or face action: Govt to staff Book LTC tickets on lowest fare or face action: Govt to staff

Employees who fail to buy air tickets at the lowest price available on the day while undertaking journey on Leave Travel Concession (LTC) claim will face severe penal action, as per the draft guidelines finalised by the Centre.

Reminder: File ITRs before July 31 deadline, says I-T dept Reminder: File ITRs before July 31 deadline, says I-T dept

The department has suggested the taxpayers to opt for e-filing of their Income Tax Returns (ITRs) and enjoy a hassle-free processing of the annual returns filing exercise.

Issue upto Rs 5,000 refunds fast and quick: CBDT to I-T dept

CBDT has directed the Income Tax department to "expeditiously" issue refunds worth Rs 5,000 for last three assessment years in order to provide immediate relief to taxpayers.