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Taxation

11 Topics 18 Posts

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  • 2 Topics
    4 Posts
    R

    FDs are safe, but you need to diversify your investment to get better returns and risk management. With FDs your can secure your future and it’s a good idea. To understand the FD Taxation and Planning, you need to understand these points:

    If your total FD interest exceeds to Rs.40,000 then bank will deduct 10% TDS annually. There is a a procedure of taxation on maturity of your FD. Your annual tax liability may vary. So its better to do some -tax saving investments like PPF and ELSS.
  • 4 Topics
    7 Posts
    P

    I really need some clarity on crypto taxes in India. Every CA I talk to says something different, and I’m worried about getting it wrong. What are the current rates and common pitfalls I should watch out for to stay on the right side of the law this year?

  • 3 Topics
    5 Posts
    R

    Yes, donations to registered NGOs or orphanages in India can provide tax benefits under Section 80G of the Income Tax Act. But the income tax act gives different deductions. Some donations can be deducted in full, while others allow a 50% deduction.

  • 2 Topics
    2 Posts
    K

    According to this article https://telecomtalk.info/indian-government-weighs-tax-on-data-usage/1004994/, is the government planning to tax our mobile data? Can BSNL reduce its large number of workers enough to compete with the cheaper services from private companies like Jio and Airtel?