The Pittsburgh Penguins captain will be in the lineup on Tuesday night when Pittsburgh faces Minnesota. Crosby hasn’t played since undergoing abdominal surgery on Nov. 14. The Penguins have thrived in spite of the extended absence of the three-time Stanley Cup winner. Pittsburgh is 18-6-4 since Crosby’s last appearance on Nov. 9, tied for the second-best mark in the league during that span. … [Read more...] about Penguins’ Crosby to return from 2-month absence against Wild
Minnesota tax returns
I have opened fixed deposits on behalf of my three minor children, on which the bank has been deducting TDS. My children’s PAN bear their father’s name. Can I or my husband claim refund on the tax deducted in our tax returns? Amit Maheshwari, Partner, Ashok Maheshwary and Associates says, "As per Section 64(1A) of the Income-tax Act, income of minor child shall be included in the income of the parent whose total income after including minor’s income is greater. Any such income included in the parent’s income is exempt up to Rs 1,500 per minor annually, for a maximum of two children. If TDS is deducted on such income then the parent with whose income the minor’s income is clubbed can claim refund of the TDS amount in his/her return. According to Rule 37BA(2), such credit can be claimed by that parent by filing a declaration with the bank to report such tax deduction in the name of the said parent." I had bought 10,000 shares of Gitanjali Gems at Rs 8.25 … [Read more...] about Can you claim refund on tax deducted on FD in the name of your children?
If you still have not zeroed in on a financial product to invest in to reduce your tax outgo for the year, you can take the online route. Here are few tax-saving options which can be made online where you do not have to issue a cheque. However, do keep in mind that there could be glitches while making these online transactions at the last minute. It’s always better to get in touch with the company and then proceed after getting a confirmation from them regarding the availability of tax benefit on the transaction made today. 1. Five-year bank fixed deposit The five-year tax-saving fixed deposit is the probably the most hassle-free way of making an online tax saving investment. If you have a know-your-customer (KYC) compliant account, all you need to do is log into your Net banking account and invest from there. Make sure your PAN is updated in the bank's records. Redemption on maturity comes directly to your bank account. You can indicate whether you want monthly, quarterly or … [Read more...] about 6 online tax-saving investments for late-starters
“When he’s healthy enough, we’ll be able to make those decisions, but make no mistake, we’re a group that is competing,” coach Ryan Saunders said before a 127-117 loss to the Boston Celtics on Friday night. “You get better and you grow by doing the right things. That’s by, (no matter what) your record is, you’re not looking at the record.” … [Read more...] about No tanking for Wolves, Karl-Anthony Towns wants to return to court this season
“It is high time that the Government tracks the consumption pattern of things like scooter sales, how many are sending children abroad, how many people are buying a house and clamp down on those who are not paying taxes,” Dr. Bhagwati suggested. “In most other countries direct taxes are invariably more than indirect tax collection,” he observed. … [Read more...] about The Huddle 2020 | Widening direct tax net should be key priority, say economists
Taxpayers whose income is over $69,000 can use the Free Fillable Forms, which is an electronic version of IRS paper forms. These forms do the math for the taxpayer, but there are limited directions so the user must be comfortable completing their taxes independently. Paper forms, while not a popular option, are completely free as well. … [Read more...] about Free tax filing has confused many Americans. Here’s help.