Raghunath Rao
I would like to know whether the income earned from online jobs are taxable and need to be declared while filing returns?To give an example, the income earned from this site IndiaStudyChannel or from online survey jobs which are part-time or a kind of hobby. If it needs to be declared...
TDS on FD interest income is calculated at 10% of the interest earned if it exceeds a certain threshold. For individuals under 60, the threshold is ₹40,000, while for senior citizens, it is ₹50,000. If your total taxable income is below the exemption limit, you can avoid TDS dedu...
Income from Profits and Gains of Business or Profession: Income earned through your profession or business is charged under the head ‘profits and gains of business or profession.’ The income chargeable to tax is the difference between the credits received on running the business and expenses incu...
NRO account is nothing but a simple Savings bank account. People use them to deposit income from India such as rents, dividends etc. In NRO Account, you can repatriate maximum one million USD per financial year. There is no requirement of PIS to trade in Indian stock market. One can even...
The films earned Roy a devoted following, but her career was interrupted by controversy. In 1994 she wrote two newspaper articles claiming thatShekhar Kapur’s filmBandit Queen(1994) exploited Phoolan Devi—the subject of the movie—who was one of India’s most wanted criminals in the early 19...
However, you do not meet any of these conditions. You will be considered an ordinarily resident Indian for tax purposes. If you are ordinarily resident in India, your income earned or received anywhere in the world is taxable in India. Therefore, income earned in Dubai will be ta...
Yield Rate: Yield rate, often referred to simply as “yield,” is the percentage return an investor receives from an investment, typically expressed as the annual income or interest earned on an investment in relation to its current market price. Get 100% Hike! Master Most in Demand Skills ...
India on the income that they have earned there. This interpretation is not correct.’ The government’s communication also stated that in the case of Indian citizens who become deemed residents of India under this proposed provision, income earned outside India by them shall not be taxed in ...
Even small fees can have a big impact on your portfolio because not only is your balance reduced by the fee, you also lose any return you would have earned on the money used to pay the fee. ETFs are widely available commission free on most online brokerage accounts and through investment ...