Tag: tax deduction
Tax warning for J&K employees
The top tax official in Jammu and Kashmir and Ladakh warned the Finance Department that employees who wrongly claimed too many tax deductions would...
Investment in Tier II NPS eligible for tax deduction under Sec...
Investment in the Tier II account of the National Pension System (NPS) will now be eligible for tax deduction under Section 80C, as per...
EPF contribution extended till Aug, NPS tier-II eligible for tax deduction
The Government will continue to contribute 24 per cent towards the Employees’ Provident Fund (EPF) —12 per cent employees’ share and 12 per cent...
20% tax in the absence of PAN/Aadhaar details
It is compulsory for employees to furnish their PAN or Aadhaar card details to the employers for tax deduction at source (TDS), failing which...