Rental Income From House Property: Check how tax on rental income is calculated with the help of an example
e-Pay Tax on e-filing portal: Here is the full list of banks and how to pay tax without logging in.
Since immovable property is held for more than two years, therefore the capital gain will be regarded as long term.
Tax planning is an important aspect of financial planning. By avoiding common tax planning mistakes, you can reduce your tax…
Determining one’s residential status is essential for compliance with the income-tax law in India.
Both co-owners must show payment proof for their share in the house.
ITR for foreign companies/Non-residents: Foreign Companies/ Non-Resident earning income from India would have to evaluate the tax impact in India…
Income Tax Calendar 2023 (May-December): Taxpayers, including businesses, have to complete several tax-related activities as per the specified due dates
How to file Income Tax Return (ITR) online for AY 2023-24: Income taxpayers can now file their Income Tax Return…
Tax saving on selling a property in India: Selling a house for profit is a big decision. But not handling…
Tax-free income: Under both Old and New Tax regimes, a certain amount of annual income above the respective basic exemption…
Income Tax Return (ITR) filing for AY 2023-24: ITR filing for income earned in FY 2022-23 has started. The Income…
The ruling came in respect to a number of appeals filed by the revenue department, which were dismissed by the…
An NRI can expect to get only 70-80% of the sale proceeds due to this
Any investments made in the units of debt mutual funds, on or after 01 April 2023, will not get the…
As the financial year has just begun, it’s the best time to do your tax planning. Here’s how to do…
ITR filing by self in 2023: Changes on the e-filing website in the last few years have made it easy…
The Indian government recently introduced two key tax changes that will likely impact the derivative markets and investment patterns in…