Mysore/Mysuru: The Mysuru City Corporation (MCC) has made special arrangements at all its nine Zonal Offices across the city, enabling the residents to pay Property Tax and Water Tax even during holidays. Today is Good Friday, a government holiday and tomorrow is second Saturday followed by a Sunday. This would result in a revenue loss…
Court Says “Tax Evasion Anti-National” Chennai: The Madras High Court on Tuesday dismissed a petition filed by Tamil film actor Joseph Vijay Chandrasekhar, known mononymously as Vijay, seeking exemption from entry tax for importing a Rolls-Royce car from England in 2012. Dismissing the petition, Justice S.M. Subramaniam also imposed a fine of Rs. 1 lakh…
By Dr. R. Balasubramaniam A few months ago, Sneha (name changed) had been to the Mysuru City Corporation (MCC) branch office near her home to pay the house tax. She was aware that she was eligible for a 5% discount if she paid the taxes due for the current year before the 31st of May. …
These days, most households have male and female family earning members. Together, they create a massive corpus of funds that can be used for several tax investment options. While the tax slab for women remains the same as men in Budget 2020, you can still contribute to the tax investment and help secure the future…
Every tax-payer wishes to save money wherever possible. Paying income tax is inevitable if you are an earning individual. It can be the source of substantial financial stress for you if you need to pay a significant amount as taxes. It is often challenging to manage the income tax payment at the end of the…
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