This is the most popular method used by fraudsters to rob you

August 1, 2019

With an increased focus on the financial sector, fraudsters are relying on phishing to rob innocent internet users of their money. According to the latest Akamai State of Internet report, 50% of all unique organisations impacted by observed phishing domains were from the financial services sector. The data shows that, in addition to unique phishing attempts, adversaries also leveraged credential stuffing attacks to the tune of 3.5 billion attempts during…

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Here is how you can use credit card to keep away from additional charges

August 1, 2019

Mumbai: Credit cards many advantages like reward points and additional discounts. To suit every type of need there are different types of credit cards. While credit cards provide quick money in case of emergencies, the charges for using credit cards are very high. While making use of a credit card, the user should be aware of the different fees that are charged on them, say experts. The respective bank websites…

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TDS on salary: How it is calculated and deducted

August 1, 2019

Under Section 192 of the Income Tax Act, every employer who is paying a salary income to his employee is required to deduct TDS from the salary income if it exceeds the basic exemption limit. Due to this mandate, every employer is tasked with deducting tax at source (TDS) from the employee’s salary before crediting the same to the employee. Since TDS deduction is compulsory, it is important to understand…

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E-ITR forms updated post the extension of deadline to file ITR

August 1, 2019

Everyone knows that deadline to file income tax returns has been extended to August 31, but did you know that changes have been made to the ITR forms itself. Yes, in tandem with the deadline extension, similar changes have been made in the ITR forms to make sure that taxpayers do not face hardships. As per the latest update on the e-filing website of the tax department, “CBDT has extended…

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