A closer look at Section 54F, the legal tax strategy letting Indians cut capital gains tax by reinvesting sale proceeds into residential property
You can claim a 50% deduction on your donation under Section 80G of the Income Tax Act
The legal and regulatory framework governing buybacks is primarily under the Companies Act, 2013, and the Sebi Buyback of Securities Regulations, introduced in 1998 and updated in 2018 and 2023
As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.
Share of middle class in income tax increased till 2023-24 while TDS has been rationalised by reducing the number of rates and adjusting threshold limits
Effective tax planning is essential for reducing tax liabilities and enhancing income. The Income Tax Act outlines various deductions for investments, savings, and expenses incurred during a financial
They remain attractive for investors having higher risk appetite and longer horizon
Running a small business or working as a freelancer? You might be eligible to pay tax on only 50% of your income! This is possible under a special program in India called the Presumptive Tax Scheme.
Tax planning is your weapon to dodge tax bullets and boost your bank balance. The Income Tax Act offers numerous opportunities for your investments, savings, and expenses. Take a look at the schemes
Fund pick: Franklin India ELSS Tax Saver
Lifestyle-based checkups including diabetes, vitamin deficiency and hair fall, apart from comprehensive full-body checkups, are the most preferred by Indians
Documentation of the loan agreement is crucial to avoid treatment as gift
If you are a salaried employee and want to save your money, here are the 10 ways to save your financial tax under Income Tax, 1961
An effective tax-saving strategy involves transferring funds to your parents, especially if they are in a non-taxable or lower tax bracket
Form 12BB, a key investment declaration document, can be used by the employees who fall under the taxable income bracket to claim deductions
Transaction costs, price fluctuations may nullify the benefits of this exercise
What tenants should ask from landlords in rent agreements; how to bring discipline in your market play. Our newsletter explains
When an employer when employees a person, he specifies his cost to the company (C.T.C). It means that the organization is going to spend that much amount per year to employ that person
Calculating self-assessment tax accurately is crucial when filing your Income Tax Return. Watch the video to know what common errors to avoid during the process.
From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses