Income Tax : Learn how to achieve tax-free rental income of ₹20,00,000 by leveraging deductions under Section 24 of the Income Tax Act, 1961,...
Income Tax : Learn how tax harvesting helps offset capital gains tax by selling loss-making investments. Optimize your tax savings and maintain...
Income Tax : In this article, we provide a brief overview on certain tax-saving checklist for taxpayers in India to ensure that taxpayers take ...
Income Tax : Explore the legal boundaries of tax avoidance, recent rulings, and the evolving jurisprudence in India with key cases like Vodafon...
Income Tax : Discover the tax benefits for senior and very senior citizens for FY 2022-23, including higher exemption limits, interest deductio...
Income Tax : Trusts and institutions carrying out charitable activities will face more stringent taxation regime when the new direct taxes code...
Finance : Money managers, who have historically used dividends as a ploy to lure investors to tax-saving stock funds, are shying away from p...
Income Tax : Bhoruka Steel Limited (BSL) was incorporated in the year 1969. The company became a sick industrial company within the meaning of...
Income Tax : Wallfort Shares & Stock Brokers, a Five Member Special Bench of the Tribunal (96 ITD 1 (Mum) (SB)) and the Bombay High Court (310 ...
Tax burden can be overwhelming, especially if your state levies high taxes on your profit as an individual or a company. Fortunately, well-heeled individuals don’t need to be confined to the tax regime of their homeland.
Maximize your tax savings as a salaried employee with smart planning strategies. Discover allowances and deductions for income tax exemption before the March 31, 2024 deadline!
Maximize your tax savings as a salaried individual for the financial year 2022-23. Explore options like Standard Deduction, HRA, Interest on Borrowed Capital, Section 80C investments (Life Insurance, PPF, FDs), Section 80CCD(1B) for NPS, Section 80D for Medical Insurance, and deductions for interest on home loans. Stay informed and plan strategically to optimize your tax benefits.
Explore the best tax-saving investment options in India, including PPF, NPS, ULIPs, ELSS, and Tax Saving Fixed Deposits. Learn how these options offer financial security and deductions under Section 80C.
Explore the pitfalls of rushing into tax-saving investments like life insurance, medical insurance, and ELSS. Learn why careful planning is crucial for long-term financial gains.
Explore investment planning for senior citizens, covering tax slabs, deductions, and the Senior Citizens Savings Scheme (SCSS). Understand where, how much, and when to invest. Learn about interest rates, withdrawals, and tax implications for a secure financial future.
Unlock tax benefits with a corporate car lease policy! Explore how opting for a salary-linked car leasing model provided by your employer can significantly reduce taxable income. Discover the advantages, tax savings up to 30%, and a comprehensive impact on your financial well-being
Discover key provisions in tax laws for setting off and carrying forward losses to optimize your tax liability and make the most of your financial planning.
Explore impact of India’s new tax regime on savings and investments. Learn how changes affect tax deductions, exemptions, and financial choices.
As individuals and businesses navigate through uncertainties, adapting tax strategies becomes crucial. This article delves into effective tax planning strategies tailored for the new normal.
