Prepay 2024 income taxes: Last installment due March 15

Prepayment allows taxpayers to spread income taxes throughout the year. Today, March 15, 2024, is the deadline for Indian taxpayers to pay the fourth and final advance tax payment for the financial year 2023-24. Missing this deadline may result in penalties and interest charges. Prepayment of tax allows taxpayers to spread income tax throughout the … Read more

UN praises India for rising life expectancy, per capita income

New Delhi: The United Nations Human Development Index shows that India’s average life expectancy is 67.7 years in 2022, up from 62.7 years ago, and gross national income (GNI per capita) increased to US$6,951, an increase of 6.3% in 12 months. or HDI, the report said. The HDI report also shows an increase in expected … Read more

Income tax department sends emails, SMS in case of tax mismatch: All you need to know

Those who pay total tax of Rs 10,000 or more in a year are required to pay advance tax. The Income Tax Department has launched an e-campaign targeting taxpayers who have conducted significant transactions during the financial year. The department will notify such taxpayers via email and SMS, urging them to deposit the advance tax … Read more

Budget 2024: UK taxes set to reach highest level since 1948 despite Hunt cuts to national income

Despite Jeremy Hunt cutting the national insurance contributions budget by 2p, Britain will still go into the next general election with tax levels at their highest since 1948 and public spending likely to be hit after polling day Threat of new austerity. The chancellor has used a combination of increased borrowing and a series of … Read more

Child benefits: Jeremy Hunt raises income threshold for tax penalties

Jeremy Hunt eventually bowed to pressure, admitting the tax penalty on many high-earning parents was unfair, resulting in some paying marginal tax rates of 64 per cent. Announces restructuring of controversial company High Income Child BenefitThe chancellor said nearly half a million households will see their average income rise by £1,260 in the year starting … Read more

U.S. cracks down on Houthi income with new sanctions, Treasury says

Washington—— The United States on Wednesday imposed sanctions on two companies and two vessels that the Treasury Department said facilitated shipments of commodities on behalf of a network of Iran-backed Houthi financial services institutions. The U.S. Treasury Department said in a statement that the action targeted two shipowners and two vessels in Hong Kong and … Read more

LIC expects fourth quarter income tax refund of INR 25,464 cr

Life Insurance Corporation of India chairman Siddhartha Mohanty said the company has received orders for income tax refunds of Rs 25,464 crore, which are likely to be fulfilled during the current quarter. Last month, the income tax department’s Income Tax Appellate Tribunal (ITAT) issued notice for refund of Rs 25,464.46 crore. The refunds relate to … Read more

Abdulwahab Al-Malood Net Worth: Career, Family, Age, Income, Wiki, Bio, All You Need to Know

Abdulwahab Al-Malood: A Bahraini Footballer Making Waves in the Football World

News: Born on 7 June 1990 in Muharraq, Bahrain, Abdul Wahab Maloud is a renowned footballer who has showcased his skills and versatility both at the club and national level. He is widely recognized for his significant contributions to Al Sheed SCC and the Bahrain national team, where his exceptional leadership qualities and unwavering dedication … Read more