Latest news with #Income
Sassy Mama
a day ago
- Business
- Sassy Mama
Protect Your Helper With Affordable And Comprehensive Coverage With Income's Domestic Helper Insurance
Looking after the one who provides an additional pair of hands around the house just makes sense. Income's Domestic Helper Insurance lets you do just that with affordable premiums and comprehensive protection. Between juggling work deadlines, sorting out the kids' meals, and caring for elderly parents, there's only so much we can fit into a 24-hour day. For many families in Singapore, having a domestic helper makes a world of difference. But have you thought about what happens if she falls sick or has an accident? That's why it is important to get insurance protection for your helper. With Income's Domestic Helper Insurance, you can give her comprehensive protection at affordable premiums. Comprehensive coverage plans to suit your needs Your helper is probably a reliable right-hand woman at home who helps you juggle everything life throws your way. Whether you're looking for essential protection or more comprehensive coverage, Income's Domestic Helper Insurance has a range of options to suit your needs. The Basic Plan offers peace of mind with coverage for personal accidents, hospitalisation, personal liability, and outpatient medical expenses due to injury. It also includes hospitalisation coverage for pre-existing medical conditions if your helper has been working in Singapore as a foreign domestic helper for more than 12 months in a row. For families who want a higher level of assurance, the Standard or Enhanced Plan provides added benefits. These include coverage for certain expenses if you need to stop employing your helper due to a serious sickness or serious injury, as well as wage compensation of up to 30 days if she's unable to carry out her duties due to hospitalisation. Keeping your domestic helper protected while she works for your family Accidents can happen anytime, in and outside the home. If your helper is injured in a personal accident, Income's Domestic Helper Insurance offers coverage of up to $80,0001, along with local and emergency overseas hospitalisation2 benefits, including coverage for COVID-193! In addition, with a Letter of Guarantee4, you won't need to worry about making an upfront payment for eligible hospitalisation expenses because the hospital will bill Income Insurance directly, and you can focus on your helper's recovery. With the MediPass app5, doctor visits are also now easier on your wallet, with a preferential rate for general practitioner consultations which start from just $13.086, and mandatory six-monthly medical check-ups start from $21.806! At the end of the day, your helper isn't just an employee, she's the quiet force that keeps your household moving. Insuring her with Income's Domestic Helper Insurance gives you peace of mind and shows that you're looking out for her. With affordable premiums, Income's Domestic Helper Insurance gives her the protection she deserves and protects your wallet from surprises. Check out their latest promotions here. Income Insurance,
Deccan Herald
3 days ago
- Business
- Deccan Herald
I-T refunds jump 474% since 2013-14
New Delhi: Income Tax refunds have jumped 474 per cent in the last 11 years to Rs 4.77 lakh crore in 2024-25, significantly outpacing the 274 per cent growth in gross tax collections, sources said on there has been an 81 per cent decrease in number of days it takes to issue income tax refunds decreasing from 93 days in 2013 to just 17 days in of 2013-14, the last year of the UPA rule, refunds issued by the Income Tax department was at Rs 83,008 crore. Whereas, at the end of 2024-25, the 11th year of the ongoing NDA rule, I-T refunds stood at Rs 4.77 lakh crore, showing a 474 per cent growth during the top advance tax payers, check fake claims: CBDT to I-T direct tax collection grew 274 per cent to Rs 27.03 lakh crore as of 2024-25, from Rs 7.22 lakh crore as of has been a 133 per cent growth in I-T returns filed since 2013. A total of 3.8 crore ITRs were filed in 2013, which has risen to 8.89 crore in said this massive increase in tax refunds and decrease in number of days to issue refunds is due to improvements in tax administration, especially with the adoption of digital infrastructure including end-to-end online filing and faceless assessment that enables faster and more accurate processing of introduction of pre-filled returns, automation in refund processing, real-time TDS adjustments and online grievance redress mechanisms have led to reduced delays and improved taxpayer as proportion of gross direct taxes collected also rose to 17.6 per cent as of 2024-25, from 11.5 per cent in said the growth in refunds as proportion of gross tax collected is a reflection of increased formalisation and voluntary participation in the tax system.."As the taxpayer base expands and advance tax payments and TDS mechanisms deepen, refunds become more common. The growing volume and share of refunds are thus not merely a statistical trend but a meaningful signal of systemic maturity," they demonstrates that India's tax ecosystem is now firmly aligned with the principles of efficiency, transparency, and taxpayer facilitation.
Mint
7 days ago
- General
- Mint
KCET 2025 Counselling Dates: Option entry begins at cetonline.karnataka.gov.in; here's how to apply step-by-step
The Karnataka Examinations Authority (KEA) has announced the KCET 2025 counselling schedule on its official website at Qualified candidates may log in to the KEA portal to choose and rank their desired colleges and courses. The final seat matrix, which outlines the number of available seats in engineering and agriculture programmes, has been released. Round 1 offers more than 77,000 engineering seats and 3,350 agriculture seats, according to reports. 2. 2nd PUC / Class 12 Marksheet 3. Study Certificate (signed by BEO/DDPI) 4. Two passport-size photos 5. KCET 2025 Application Form and a printed admit card 6. Fee payment (receipt or challan) proof 7. Caste or Caste Income Certificate (if applicable) 8. Kannada Medium Certificate (if applicable) 9. Income Certificate (if required) 10. Rural Study Certificate (if going for rural quota) 11. Parent-related Certificates: Proof of Study, Domicile, Employment, or Hometown (required for government quota seat eligibility) 12, Affidavit: Applicable to Horanadu/Gadinadu Kannadiga candidates under eligibility clauses C and D. Go to the official KEA Website: 2. Tap on KCET 2025 Application Link: Click the link that states 'KCET Application Form 2025" on the homepage. 3. Now, register and login with your credentials. You have to make a new account by entering your details. Mention your personal, academic and contact details 4. Upload all documents like photo, signature as required and proceed to making a fee. 5. Get a printout of it after submission. Do check your details carefully. 6. Keep a copy with you for future purposes during counselling or admission. Candidates were provided an opportunity to make edits to their applications and download verification slips, an essential requirement for participating in counselling, before the option entry process. The provisional seat matrix had been released earlier to help candidates plan their preferences accordingly. The KCET 2025 results were announced in late May, and the counselling process officially began in July. There will be three primary rounds of counselling, with an additional extended round if any seats remain unfilled.
India Today
01-07-2025
- Business
- India Today
ITR filing deadline extended to September 15. All you need to know
The Central Board of Direct Taxes (CBDT) has officially extended theITR filing deadline from 31 July to 15 September 2025. This move is a big relief for taxpayers, especially salaried individuals and professionals whose accounts don't need extension is largely directed towards salaried individuals and professionals whose accounts do not require auditing, offering them relief from the previous deadline of 31 July 2025. ITR filing deadline extended advertisementThe Income Tax Return (ITR) filing date for the financial year 2024–25 has been pushed back, with the Central Board of Direct Taxes (CBDT) now setting 15 September 2025 as the new deadline. The extension applies to nonaudit taxpayers, mostly salaried individuals and those without mandatory audits. Businesses and professionals needing audited accounts must stick to the 31 July deadline. Income Tax India shared on X. According to CBDT, the extra time ensures a 'smoother and more accurate filing experience.' This move is particularly beneficial for those who may face challenges due to the recent changes in the tax filing extension has been introduced to address changes in the ITR forms and the need to update e-filing systems, which have made the filing process more complex this extension provides a buffer for taxpayers to adapt to the new e-filing system changes, which are expected to streamline the process but may require initial period can be used to familiarise oneself with the updated system, ensuring that all necessary documentation is in place and accurately reflected in the filings. By taking advantage of this additional time, taxpayers can minimise errors and avoid potential penalties.- EndsMust Watch
Mint
29-06-2025
- Business
- Mint
Income Tax: File your ITR and pay tax on e-pay portal via THESE 31 banks. A step-by-step guide
As the last date to file income tax return (ITR) on Sept 15 looms closer, taxpayers can file their tax returns using ITR-1 or ITR-4. Notably, excel utilities of other income tax forms have yet not been released including the ones for ITR-2 and ITR-3. To be able to file their income tax return via any of the forms released so far, taxpayers can visit e-filing portal and follow the due process as listed below. I. As you log in to your account and click submit return, you need to first choose the assessment year i.e., 2025-26 for filing the return of FY 2024-25. II. Then the system will ask you to choose the category of taxpayer i.e., individual or HUF. III. In the next step, you will have to choose the tax form which you need to choose based on the category of source of income. For salaried employees, it is ITR-1 and for persons with business and profession, it is ITR-4. It is worth mentioning that you will have to wait for a few more days if your income bracket aligns with any other tax form i.e., ITR-2 or ITR-3. As of now, taxpayers can choose between these two tax forms only IV. As soon as click this, the system will tell that the new tax regime is the default regime. Therefore, it is advisable to compare the tax computation on tax calculator before proceeding. You can read this article to know more about this. If your tax liability is lower in the old tax regime then you are recommended to opt for it. And if your tax liability is higher in old tax regime, then you can obviously opt for the new tax regime. The system also cautions taxpayers by telling them that the list of significant exemptions and deductions which are not available under the new tax regime are HRA, LTA, deductions under section 80C, 80D, 80U, 80E, 80G, 80TTA, 80TTB and other chapter VIA deductions. V. Suppose you are a salaried employee and total income up to ₹ 50 lakh; you need to choose ITR-1 to file your tax return. Now, you need to validate your returns breakup, confirm your return summary and finally, you can verify your return and submit the return. VI. If your tax liability is more than the tax already paid, you can pay tax through any of the 31 banks available at e-pay tax service. Income tax department recently updated the list. Now the latest list of banks includes Axis Bank, Bandhan Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India and City Union of Bank, among others. Two new banks added to the list in 2025 are Tamilnad Mercantile Bank (w.e.f. March 5) and Yes Bank (June 27). For all personal finance updates, visit here
