Is your PPF or Sukanya Samriddhi account at risk? Here’s what you need to know

Is your PPF or Sukanya Samriddhi account at risk? Here’s what you need to know

Source: Live Mint India’s small savings schemes, long cherished for their high interest rates, are under the scanner. The government has announced a strict crackdown on irregular Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) accounts, stripping them of their attractive 7.1% and 8.2% interest rates. Instead, such accounts will either earn no interest…

Read More
Why have TCS employees received tax demand notices, and what to do if you get one | Mint

Why have TCS employees received tax demand notices, and what to do if you get one | Mint

Source: Live Mint Employees of India’s largest IT services company, Tata Consultancy Services (TCS), have received income tax notices about discrepancies in their tax deduction at source (TDS). Several employees received income tax notices due to discrepancies between the TDS credit in their Form 26AS, Annual Information Statement (AIS) and the amount they claimed while…

Read More