Skip to main content

Is Internship Stipend Taxable? How Students Can Claim 100% TDS Refund (Complete Guide)

Imagine this scenario: You land a fantastic part-time work-from-home job or a summer internship. The offer letter says you will be paid ₹15,000 per month . You are thrilled! You already have plans for that money. But when the payment hits your bank account, you only see ₹13,500 . You panic. Where did the remaining ₹1,500 go? Did the company cheat you? Relax. The company didn't cheat you. The government just took a slice called TDS (Tax Deducted at Source) . This silent leak drains millions of rupees from student bank accounts every year because most students assume "I don't earn enough to pay tax, so I can't do anything about it." Don't lose 10% of your stipend to TDS. This cycle shows how filing your ITR (Income Tax Return) legally brings that deducted money back into your pocket. Here is the reality: Just because tax was cut, does...
Post a Comment

DMCA for Pinnacle Finance Club

DMCA for Pinnacle Finance Club

This Digital Millennium Copyright Act Policy (“Policy”) applies to the https://pinnaclefinanceclub.blogspot.com/ website (“Website” or “Service”) and any of its related products and services (collectively, “Services”) and outlines how this Website operator (“Operator”, “we”, “us” or “our”) addresses copyright infringement notifications and how you (“you” or “your”) may submit a copyright infringement complaint.

Protection of intellectual property is of utmost importance to us and we ask our users and their authorized agents to do the same. It is our policy to expeditiously respond to clear notifications of alleged copyright infringement that comply with the United States Digital Millennium Copyright Act (“DMCA”) of 1998, the text of which can be found on the U.S. Copyright Office website.

What to consider before submitting a copyright complaint

Please note that if you are unsure whether the material you are reporting is in fact infringing, you may wish to contact an attorney before filing a notification with us.

The DMCA requires you to provide your personal information in the copyright infringement notification. If you are concerned about the privacy of your personal information, you may wish to use an agent to report infringing material for you.

Notifications of infringement

If you are a copyright owner or an agent thereof, and you believe that any material available on our Services infringes your copyrights, then you may submit a written copyright infringement notification (“Notification”) using the contact details below pursuant to the DMCA. All such Notifications must comply with the DMCA requirements.

Filing a DMCA complaint is the start of a pre-defined legal process. Your complaint will be reviewed for accuracy, validity, and completeness. If your complaint has satisfied these requirements, our response may include the removal or restriction of access to the allegedly infringing material.

If we remove or restrict access to materials or terminate any account in response to a notification of alleged infringement, we will make a good faith effort to contact the affected user with information concerning the removal or restriction of access.

Notwithstanding anything to the contrary contained in any portion of this Policy, the Operator reserves the right to take no action upon receipt of a DMCA copyright infringement notification if it fails to comply with all the requirements of the DMCA for such notifications.

Changes and amendments

We reserve the right to modify this Policy or its terms related to the Website and Services at any time at our discretion. When we do, we will post a notification on the main page of the Website. We may also provide notice to you in other ways at our discretion, such as through the contact information you have provided.

An updated version of this Policy will be effective immediately upon the posting of the revised policy unless otherwise specified. Your continued use of the Website and Services after the effective date of the revised Policy (or such other act specified at that time) will constitute your consent to those changes.

Reporting copyright infringement

If you would like to notify us of the infringing material or activity, we encourage you to contact us using the details below:

Visit our Contact us page or mail us on pinnaclefinanceclub@gmail.com

Please allow us 2-5 business working days for an email response.

Comments

Post a Comment

Popular posts from this blog

10 Smart Money Habits to Adopt in Your 20s for Financial Freedom by 30

10 Smart Money Habits to Adopt in Your 20s for Financial Freedom by 30 Introduction Did you know that individuals who start saving in their 20s are twice as likely to achieve financial independence by 30? Your 20s are the perfect time to lay the foundation for a secure financial future. With fewer responsibilities and ample time to harness the power of compounding, this decade offers unparalleled opportunities to build wealth. This guide covers 10 actionable money habits designed to help you achieve financial freedom by the time you hit 30. Whether you’re a student, an entry-level professional, or starting a business, these tips will set you on the path to financial success. Why Your 20s Are the Best Time to Build Smart Money Habits The earlier you start managing your finances wisely, the easier it becomes to achieve your goals. Here’s why your 20s are ideal for adopting smart money habits: Compound Interest Works in Your Favor : The longer your money stays invested, the more it grows....
Post a Comment
Read more

Master Your Finances: A Step-by-Step Guide to Creating a Budget That Works for Beginners

Master Your Finances: A Step-by-Step Guide to Creating a Budget That Works for Beginners Creating a budget might seem daunting, but it's one of the most empowering financial decisions you can make. Whether you're looking to save for a major goal, manage debt, or simply gain control of your finances, a well-structured budget is your roadmap to success. In this guide, we'll break down the process into simple steps tailored for beginners. Let's get started! Step 1: Assess Your Financial Situation Before you can create a budget, you need to understand your financial standing. Gather all relevant information, such as: Monthly income: Include your salary, freelance income, or other sources of earnings. Expenses: Track all expenses, including rent, groceries, transportation, and discretionary spending. Debt: Note down credit card balances, student loans, or other obligations. Savings: Review your emergency fund and other savings accounts. Pro Tip: Use budgeting apps like M...
Post a Comment
Read more

Securing Your Wealth: Understanding Sovereign Gold Bonds (SGBs) Benefits

Securing Your Wealth: Understanding Sovereign Gold Bonds (SGBs) Benefits Sovereign Gold Bonds (SGBs) is a government-backed security which was launched in November 2015 by the Indian government under the gold monetization scheme . The government issues sovereign gold bonds twice a year at the current price of 24 karat gold to collect money for the capital expenditure required for the development and growth of the nation. All About The Returns Of Sovereign Gold Bonds (SGBs) *The value of the SGBs fluctuates with fluctuation in the world gold price and can be redeemed at that price after the lock-in period. *The government gives 2.5% p.a interest on the principal amount invested in sub twice a year. *As per Livemint , Average returns yielded by SGB over 8 years has been 13.7%p. a comprising the 2.5 interest given by the government. Advantages Of Sovereign Gold Bonds (SGBs) 1) No design and making charges which is usually in the case of investing in physical gold. 2) No Impurities ...
Post a Comment
Read more