(As published in ET Wealth on December 5, 2016 and Times of India on December 12, 2016) Over the next few weeks, companies across India will start collecting investment proof from employees to calculate the TDS on their salaries. This statutory obligation has become an annual ritual over time, and most companies treat it as a compliance cost. However, a company with a … [Read more...] about Here’s How your Employer Can Help you Save Tax
Tax Compliance
Too Late to Declare Unaccounted Money
You May Be Left With Just Rs 7 For Every Rs 100 Declared (As Published in Business Today on November 10, 2016) The tax department will match the amount deposited with the income shown in the return filed over the previous years. If there is a mismatch, suitable action will follow. After banning the higher denomination currency, the government has issued a warning that records … [Read more...] about Too Late to Declare Unaccounted Money
