tax

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...

Hi , I have to pay Income tax , So , i have tried paying by Upi method from canara bank payment gateway . i have got the pop up on my mobile to pay the tax . I have paid through my Indusind Rupay CC and got declined . then amount got debited as it says it took to long to respond . Income tax...

Today, I received below mail for kotak CC.. good for some tax payments up to 10k for 5% cashback as Amazon voucher. Considering 1% as charges on tax portal for payment via CC, we can still get net 4%.. Valid for next 3 hours, posting just in case someone also missed the mail and want to do some...

Hi All, Recently I came to know about HUF taxation. I'm planning to apply HUF PAN. Can someone please clarify below doubts? 1. What would be HUF incorporation date? Is it marriage date or birth date of child? FYI - I've twins daughter. 2. Do I need any cheque from mother to apply HUF PAN? One...

Paid income tax using Amex via Canara Bank PG. It is working. This is the tweet of the person who found the way: This is great way to complete Amex milestone when most cards (except hdfc bizblack) not giving any points for tax payments. P.S. Guys i haven’t got any referral benefits yet. If...

I am about to file my tax and realised that I can use my loss in F&O segment as a tax harvest for next year. The thing I am not sure is which form should be filed? The CA through which I file every year has asked me to file ITR 1 as I do every year and put the loss figure with (minus) in...

Is the money received in the bank account as an education payment made via credit card reflected as an income against the beneficiary pan card in AIS? Monthly education payment via credit card to receiver: 20K/month

1) As the title says, I found tax dues pending while filing ITR. The dues are above my credit card limit for all cards individually; So is it possible to pay some amount by one CC and remaining by 2nd CC ? 2) I also saw that transaction charges of credit card on SBI payment gateway is showing...

I will be paying income tax of about Rs.3 lakhs, planning to get ICICI Amazon pay or Standard Chartered Smart Cashback card for the same. Please help me with the following: How soon the card application be processed? I am an existing customer of SCB but no relationship with ICICI Would any of...

i never filled ITR before this year i did transaction across 5 banks total of 50-70l , mostly it was like fd break ,create and sending money from my one bank to another. and there were total of 4l cash deposit earned 40k in stocks lost 12k in fno i have no job so i have to pay taxes? i do not...

Hi guys I am willing a buy a laptop from Nigeria as the same laptops available there are comparatively cheaper due to the currency difference (1 Nigerian Naira = 0.087 Indian Rupees). However, I need two things to consider: 1) find a retailer who ships internationally or find an international...

Hello TFers, I wanted to know if anyone has any idea on taxation on money transfered through cc to upi/bank account through fee payment options on apps like paytm, cred, freecharge etc. Will the person receiving money will have to pay any tax? I was thinking to transfer to my family member...