
Overlooking tax implications could impede your capacity to reach your financial goals. Fortunately, the government provides several legitimate methods to…
There are several government savings schemes that offer good returns along with tax benefits. These investment options cater to different…
What are the income-tax implications of winnings from any lottery, puzzle or horse racing? Find out.
Individuals and Hindu Undivided Families (HUFs) have two options for calculating their long-term capital gains (LTCG) tax on sale of…
Advance tax payments are split into four installments with specific due dates: 15% by June 15, 45% by September 15,…
EPF subscribers are allowed to invest more per month beyond their 12% of basic salary contribution to retire with a…
An individual is generally liable to pay advance tax, when their total tax liability for the financial year exceeds Rs…
Bank of Baroda’s Systematic Deposit Plan (SDP) is a basic monthly saving plan that helps customers to regulate their savings…
Is possessing a significant amount of cash considered a crime in India? What is the permissible limit of cash that…
At the GST Council meeting, participants including state ministers reached a broad consensus on GST rate reduction on health and…
To receive a monthly pension of Rs 50,000 starting at age 60, an individual who begins investing in NPS at…
To ensure tax-free EPF withdrawals, subscribers must complete 5 years of contributions, with TDS of 10% for withdrawals over Rs…
PPF investors can avail tax deduction benefits of up to Rs 1.5 lakh. PPF investment falls under the EEE (Exempt-Exempt-Exempt)…
Quant Mutual Fund is one of the leading fund houses in the country. Its schemes, tailored for different risk profiles,…
The e-Dispute Resolution Scheme (e-DRS) enables the taxpayer to file an application electronically for dispute resolution to the Dispute Resolution…
Buybacks were tax-free for companies under the prior regulations; under the new ones, shareholders’ income from buybacks will be subject…
The Income Tax Department topped in searches on Google Trends last week, as the tax department has yet to issue…
The taxation of research grants under GST, driven by recent DGGI notices, hinges on whether these grants are considered ‘consideration’…
For decades, Indian families have looked at the United States as the ultimate destination, a place where hard work, education, and opportunity could rewrite one’s destiny. For many young Indians, the way to live those dreams was through marriage, with families hoping to find a match working on H-1B visa in America.