Income tax

General Assembly Should Adopt State-Level Earned Income Tax Credit | New

ATLANTA – With Georgia’s finances in better shape than around this time last year, the General Assembly is expected to consider tax breaks for low and middle income Georgian families this winter. House Bill 510, which was introduced last February, would provide a state-level Earned Income Tax Credit (EITC) modeled after a federal tax credit […]

Income tax

Finance Minister Sitharaman summons Infosys CEO as income tax portal goes dark: The Tribune India

Tribune press service New Delhi, August 22 As the income tax portal darkens on Saturday, the finance ministry summoned Infosys CEO Salil Parekh on Monday to explain to finance minister Nirmala Sitharaman why even after two and a half months since its launch , the issues with the new portal have not been resolved, an […]

Income tax

FinMin summons the CEO of Infosys, Salil Parekh, tomorrow for persistent problems

The Ministry of Finance summoned the Managing Director and Managing Director of Infosys, Salil Parekh, over problems with the new electronic income tax filing portal. The website went live earlier this year, but has been marred by problems since launch. Parekh was called to appear before the Ministry of Finance on August 23, Monday, to […]

Income tax

YOUR REQUESTS: INCOME TAX: Seniors can claim a tax deduction on medical expenses up to Rs 50,000

Since the shares are considered “movable property”, it is not compulsory to sign a deed of gift. By Chirag Nangia I retired in November 2020 and took out a Mediclaim policy in February 2021. In the meantime, I incurred medical bills for preventive checkups, medical consultation fees, and dental treatment. Can I apply for a […]