Mon, Dec 04, 2023
Taxpayers rejoice! The Income Tax Department has introduced a revolutionary new feature – the 'Discard' option. In this video, we’ll delve into the details of this game-changer, explaining its benefits, eligibility criteria, and the simple process of discarding your income tax return. So, whether you're a seasoned taxpayer or a first-timer, this video will equip you with the knowledge to make the most of this convenient option.
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Tue, Nov 07, 2023
Don't assume that all transactions between spouses are tax-free. There are some nuanced rules to be aware of, especially when it comes to gifts, investments, and rental income. In this video, we'll break down the key tax implications to keep in mind when dealing with your spouse financially.
Fri, Sep 15, 2023
The new 20% TCS rule on international travel is coming into effect on October 1st, 2023. Here's what you need to know about how it will impact your travel plans and how you can save money.
Tue, Jul 30, 2019
The small-cap mutual fund category is topping the return chart with 14.72 per cent in five years. The category has offered 16.01 per cent in the 10-year horizon, say experts.
Mon, Jul 29, 2019
Supreme Court Free Legal Aid Service Rules, Eligibility: If you are earning up to Rs 5 lakh per year, then here's good news for you. Now, you can get free legal aid service at the Supreme Court.
Fri, Jul 26, 2019
Income Tax savings: ITD under Section 80D allows an income taxpayer to avail tax exemption up to the limit of Rs 50,000.
Income Tax alert! The income of each of your minor children is exempt up to Rs 1500 in a year and any income beyond this limit has to be clubbed in the income of the parent whose income is higher.
With the Income Tax return deadline being extended from July 31st to August 31st, taxpayers are on their toes trying to collate all their investments and ensure saving the maximum possible amounts.
Wed, Jul 24, 2019
ITR alert: Income Tax Return filing on time is one of the important responsibilities of an earning individual. Never hide the source of income - It may lead to your ITR rejection.
Tue, Jul 23, 2019
PPF vs VPF: Both PPF and VPF help a salaried person to save income tax up to an investment of Rs 1.5 lakh under Section 80C.
Income Tax Return Warning: First and foremost, the basics! The most important thing that an earning individual should keep in mind is to file ITR on time.
As a 25-something person, you may aspire to do a lot of things but somehow financial planning, investing and budgeting, don’t make it to your bucket list. And that is sad.
Mon, Jul 22, 2019
In EPF, it's slightly difficult for an employed person to withdraw his or her funds while being employed in comparison to PPF.
Wed, Jul 17, 2019
Income Tax Return (ITR) Alert!: The CBDT reacted to storm on social media on Tuesday and announced that there were no changes made in any of the Income Tax Return (ITR) rules, including ITR-2 and ITR-3 forms.
Mon, Jul 15, 2019
Under the Section 80D of the Income Tax Act, an investor who pays income tax is eligible for tax exemption for his or her investment of up to Rs 25,000 on family mediclaim.
Fri, Jul 12, 2019
Under the Income Tax Act Section 80D, one can claim tax exemption up to Rs 75,000 on individual mediclaim premium payments.
Thu, Jul 11, 2019
Income Tax Act has various sections that help an income tax payee to avail tax exemptions by investing in certain schemes.
whopping Rs 3.5 lakh tax exemption is very much possible if the banks are allowed to loan above 80 per cent in the case of a unit costing Rs 30 lakh.
Wed, Jul 10, 2019
To avail income tax exemption up to Rs 1.5 lakh, these mutual funds are the best available option in the market, say experts.
Tue, Jul 09, 2019
Have you purchased an affordable house and an electric car this financial year or are planning to do so?
A real estate investor can keep the money into a capital gain account for up to three years and avoid income tax after selling out his or her property.
Mon, Jul 08, 2019
Income Tax Appellate Tribunal, Mumbai bench has granted tax relief to actor Shilpa Shetty, who was a brand ambassador for IPL team Rajasthan Royals.
Sun, Jul 07, 2019
Budget 2019: Even as Finance Minister Nirmala Sitharaman has kept the income tax slab rates unchanged in he first budget preparation, the annual document contains several provisions that could impact taxpayers.
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