Clara Osterhage has been a small business owner for the past 27 years, and currently owns hair salons located throughout Ohio employing over 600 licensed hairstylists. She serves on the National Federation of Independent Business Ohio Leadership Council, which serves over 21,000 Ohio small businesses. Small business is the backbone of the economy. You frequently … Read more
Kerala auto driver wins Rs 25 crore lottery, to get Rs 15.75 crore after tax deduction Moneycontrol Source link
By Yogitha S. Yogesh – On September 25, 2022 7:13 pm The Bangalore Bench Income Tax Appellate Tribunal (ITAT) ruled that the insurance premium paid which wasn’t claimed deduction under section 80C of the Income Tax Act,1961 cannot be taxed. The appellant challenged the order of CIT(A), NFAC dated 13.7.2022 for the assessment year 2017-18. … Read more
I stay in a rented house and claim house rent allowance (HRA). I do not own any house. Now I want to buy a house by taking a home loan and let out the house for earning rental income. As the new house will be ‘let out’, can I claim the full interest from the … Read more
Note: This report was published in partnership with the Centre for Policy Studies, one of the oldest and most influential think tanks in Westminster. With a focus on taxation, economic growth, business, welfare, housing and green growth, its goal is to develop policies that widen enterprise, ownership and opportunity. Key Findings For many years, the UK has adopted a … Read more
The Centre recently announced a major change in the Atal Pension Yojana which states that income taxpayers will not remain eligible for the scheme from October 1, 2022. The latest modification mandates that if a subscriber, who joined on or after October 1, 2022, is subsequently found to have been an income-tax payer on or … Read more