tax

I recently made a large online payment of ₹10 lakh towards Advance Tax on the Income Tax website through my IDFC Vistara Credit Card using the HDFC Payment Gateway. The issue: The OTP I received was for exactly ₹10 lakh. However, a few days later, I discovered an additional charge of ₹9,441...

I am looking to make a payment for income tax payment of 23 lakhs for 2 family member ideally before 15 November. (Can delay if benefits ate worth it) Let me know which would be the best card for this purpose. Existing Cards: hdfc business regalia bob eterna axis select indus legend tiger max...

Which is the best credit card to pay income tax of 4 to 6 lakh? I know this is a repeated question but with constant devaluation and changes in credit cards it’s difficult to keep track. I Don’t have any premium credit cards. I am unable to get biz black, infinia , yes reaerve/marque or any...

Hey everyone, I’ve been wondering about a common scenario: how much can someone reasonably spend in a year compared to their income before raising red flags with the tax department? For example, if someone earns ₹12 lakhs annually but ends up spending over ₹20 lakhs on credit cards, would that...

Hello Financial experts! I am wondering about how one can manage selling ESOPS around 10lakhs with minimal LTCG tax. Please shed some knowledge. I am thinking if we can gift those to spouse and family before selling and take advantage. What will be the process and costs involved ?

I work as freelance accountant, and pay income tax and gst on behalf of clients of around 50000 to 1 lakh a month, which card will be the best to earn points for both income tax and gst payments Currently i hold hdfc moneyback and am being offered HDFC bizgrow as on update

Hi All, While filing ITR under Filing Section : 139(1)for one of my friend, I wrongly chose old tax regime. As a consequence of this, at the time of submitting this return, portal showed me that an additional amount of nearly Rs20k amount needs to be paid. I did the same and paid the amount...

Ran into a strange issue. First I get an email saying "rejected due to credit norms". After I ask for detailed response, I get the reply as mentioned in the title. Don't know what went wrong as I have many ITRs filed with the PAN and my cibil shows enquiry from Axis bank. Asked for completed...

Credit Cards Offering Benefits as of September 2024: HDFC BizBlack - Accelerated benefits of 16.6% tax payments up to ₹50,000 per month. 3.3% after 50k IDFC First Vistara Card - Milestone benefits with reward rate. SBI Vistara - Milestone benefits; no reward rate. Amex Platinum...

A glitch in the Infosys managed CPC software has led to the consideration of partial/unrelated TDS amounts during the system based tax liability assessment, thereby resulted in taxpayers across the country receiving massive tax demand notices including penalties, despite the TDS being deposited...

Can anyone suggest a premium card that offers good milestone benefit on tax payment of 25 Lacs+. Already used HDFC Biz black for 20 Lacs+ so reward rates are decreasing, Kotak is banned to onboard new customer as per RBI ban so exclude Kotak White. Any other card that has 2%+ milestone benefit...

GST Council may consider imposing 18% tax on payment aggregators for small transactions up to Rs 2,000: The Goods and Services Tax (GST) Fitment Panel has expressed the viewpoint that payment aggregators serve as intermediaries for transactions and therefore should not be classified as banks...

Hello Good Folks !! I am very confused and the more I read, I seem to go into the rewards rabbit hole. Need your help to understand of I an doing it right? I got Infinia (with one addon), Amex Gold charge (with one addon) and Axis Airtel I do most of my spends on Infinia including Amazon...

Hello Good Folks !! I am very confused and the more I read, I seem to go into the rewards rabbit hole. Need your help to understand of I an doing it right? I got Infinia (with one addon), Amex Gold charge (with one addon) and Axis Airtel I do most of my spends on Infinia including Amazon...

Can the Amex Platinum Charge Card be used for income tax and insurance payments? Will it give reward points for the two?

Hi everyone, I'm seeking advice regarding my father's Income Tax Returns. For the financial years 2015-16 and 2016-17 (I'm not sure of the exact year), he paid his taxes but didn't check his email. Last year, he received a ₹7,000 refund, and this year, a ₹600 refund. However, I found out that...

RBI allows two users to share one bank account for UPI payments | RBI increase UPI limit for Tax Payment from 1 Lakh to 5 Lakh: UPI Payments: The Reserve Bank of India rolled out a feature in August allowing delegated UPI payments. Primary users can approve transactions for secondary users...

Hi, please if someone can help which card to use for advance tax payment? Which card will give reward points and count of milestones. I have the below cards. 1. Infinia 2. Atlas 3. Amex Platinum Travel 4. IDFC Wealth 5. SBI Vistara Prime

Which is the best credit card to pay income tax of 4 lakh? We are a family of six members, so have multiple credit cards. Don’t have any premium credit cards. Won’t mind getting even cashback. Have the Following cards in family Indus Legend Indus eazydiner Indus tiger Indus rupay Hdfc Regalia...

Hi all, At the risk of being repetitive, I have a question regarding Property Tax Payment. I have a Property tax payment of rs. 120000, I have the below mentioned cards- 1. ICICI sapphiro 2. Tata neu infinity 3. Bob eterna 4. HDFC DCP 5. Indusind legend 6. Yes reserv 7. ICICI Amazon 8. Kotak...