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Multi-point trip: Tax break is on direct travel cost to farthest place | Personal Finance

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Business Standard

[ad_1] The last date for submission of investment proofs for availing tax deductions for the financial year (FY) 2023–24 is March 31, 2024. If your office’s human resource personnel has asked for them, remember to submit your proofs for Leave Travel Allowance (LTA) tax benefit, too, if you qualify. The Income-Tax (I-T) Act, … Read more

KYC compliance: Time consuming, repetitive but critical for your safety | Personal Finance

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Business Standard

[ad_1] The Reserve Bank of India’s (RBI’s) recent clampdown on Paytm Payments Bank has put KYC (Know Your Customer) procedures in the spotlight. If you find these procedures time-consuming and repetitive, and are irritated by demands from various financial institutions to complete these procedures repeatedly, this explainer will help you realise why it is … Read more