Bengaluru man’s post about paying ‘50% of income as tax’ has Internet’s attention

A  recent tweet by Bangalore resident regarding tax has sparked a controversy . It’s imposed by government on both earnings and spendings.  Flipkart category manager named Sanchit had tweeted about his frustration  that he is left behind with only a small portion to spend on his needs as 30% of his…

National Handloom Day: Telangana weavers to get Rs 5 lakh life insurance cover from August 7

A  Free life Insurance cover of Rs.5 lakh will now be extended to around 80,000 handloom and powerloom weavers of telangana .  On August 17  “Nethanna Beema “  scheme would also be launched. All this was announced by Industries Minister KT Rama Rao on Monday. In case of death the amount will be…

Income Tax Return filing date is nearing and you shouldn’t wait. Here’s why

Even when the government extended the deadline for filing income tax returns (ITR) over the last two financial years owing to the Covid-19 pandemic, the government has made it clear that it is not going to do the same this fiscal. On July 24, a top official said that the government is not considering extending the…