Calculation of Income Tax on Interest on GPF Above 5 lakhs for Deduction of TDS from the Pay and Allowances - DoP Circular Dated 15.02.2022 GPF subscribers whose GPF subscription is over Rs.5,00,000/- (Rupees Five Lakhs only) in the Financial year 2021-22 are required to intimate about the interest … [Read more...] about GPF Interest Calculation on Above 5 lakhs for Deduction of TDS from Pay and Allowances
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Interest Income
Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax
Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax Information regarding interest earned by individuals and business entities on term deposit is filed with the Income Tax Department by banks including co-operative banks and other financial institutions and State … [Read more...] about Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax