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SEBI Extends Nomination Filing Deadline For Trading & Demat Account Holders
The Demat & Trading Accounts will be frozen from September 30, 2023. On failure to update the nomination for Demat & trading account - SEBI.
One-time Settlement Policy For Tax Defaulters On Cards
Based on available information, the government is building a justification to release approximately 27,000 individuals who have minimal debt to the government. Instead, the government will prioritize its efforts on individuals with substantial tax defaults and endeavor to recover taxes from them.
How To Check Your Income Tax Liability
The amount of income tax an individual is required to pay is determined by their earnings during a fiscal year and the applicable income tax slab. The income tax slabs can vary for different types of taxpayers, including individuals, Hindu undivided families (HUF), Associations of Persons (AOP), Bodies of Individuals (BOI), Foreign Companies, Domestic Companies, Firms, Limited Liability Partnerships (LLP), and Co-operative Societies.
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