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 ...
When it comes to tax-saving investments in India, there is no shortage of options. Among the most popular choices are the Tax-Saving Fixed Deposits (FDs), the Public Provident Fund (PPF), and the National Pension System (NPS).
Venturing into the world of stock market investment presents both lucrative opportunities and complex challenges. Among the strategies available to savvy investors, tax harvesting stands out as a powerful tool for optimizing returns and managing tax liabilities. In this article, we will explore the concept of tax harvesting with the help of practical examples. Basic […]
Articlee examines significance of NPS for retirement arranging, its construction, and tax collection and GST part of National Pension Scheme.
As a salaried employee in India, optimizing tax savings is essential to maximize take-home income and achieve financial goals. The Indian Income Tax Act offers several tax-saving instruments and deductions that can help individuals reduce their tax liability while making prudent financial investments. In this article, we’ll explore some of the most popular tax-saving instruments available to salaried employees in India.
Explore the differences between tax planning, tax evasion, and tax avoidance. Understand how tax planning legally optimizes tax liabilities, while tax evasion involves illegal actions. Tax avoidance navigates legal loopholes, sparking ethical debates. Comply with tax laws and maintain ethical practices.
Discover top tax-saving investment strategies in India, including options like PPF, life insurance, mutual funds, and mediclaim policies. Learn expert tips for effective tax planning and explore tax-saving investment options for senior citizens. Save significantly on taxes by making informed financial decisions.
Discover effective ways to save income tax on your salary beyond 80C, 80D & HRA. Explore tax regime options, flexi benefit plans, NPS benefits, and tax-saving for EMIs.
Avoid common tax planning mistakes in India to optimize your tax management. Learn about record-keeping, tax-saving investments, planning ahead, tax laws, deductions, exemptions, capital gains, and staying updated.
Capital gains tax is an essential aspect of taxation in India, applicable when you sell certain assets and make a profit. However, there are several legitimate strategies you can employ to save on capital gains tax
This article presents valuable tips that can assist you in saving income tax in the current financial year. From optimizing your salary structure to utilizing tax deductions, these tips are designed to help you make the most of the available tax-saving opportunities.
