In 2015, the EPFO had issued a notification that TDS would be applicable on EPF full withdrawal Claims where accumulation (balance) is more than Rs 30,000 and the EPF member (Employee) has worked for less than Five years. The TDS threshold limit has later been raised to Rs 50,000 in 2016-17. So, TDS is not applicable if the PF withdrawal amount […]
Archives for September 2019
RBI’s statistical data on Indian Household Investments & Savings (2018-19) | How & Where do we save & invest?
The Reserve Bank of India (RBI) has released the latest volume of its annual statistical publication, ‘Handbook of Statistics on the Indian Economy – 2019′ on 15th Sep, 2019. Through this publication, the Reserve Bank has been providing time series data on various Economic and Financial indicators for the Indian economy. You can find lot […]
Cost Inflation Index FY 2019-20 / AY 2020-21
The cost of inflation index (CII) for the financial year 2019-20 has been notified by the Ministry of Finance. The ministry has set the Cost Inflation Index FY 2019-20 as 289. For the previous FY 2018-19, CII was 280. The rate of inflation for indexation purposes have been specified by the Indian Government for every […]
How Youtubers and Bloggers Income Taxable in India?
In the recent years, Bloggers and Youtubers are the new full time profession in India. These bloggers and Youtubers are earning in lakhs per month but they may not have a clear idea about the taxation system in India which is imposed on their income & services. So in this guide, let’s talk about the […]
