Got foreign assets? You must file ITR

Income Tax Act makes it mandatory for the ‘resident’ individuals to file…

Know the tax implications on ULIP schemes

Unit Linked Insurance Policies (ULIP) offer a combined benefit of wealth creation…

LIC Customers Can Now Link Policies With Their PAN

The Income Tax Department of India extended the PAN-Aadhaar linking date to…

India’s Fiscal Deficit Hits 18 Year Low

India’s fiscal deficit as a percentage of budget estimates stood at 18…

Things to Know Before Investing in Tax-Saver Fixed Deposits

One can create a fixed deposit (FD) account for a period starting…

Capital gain tax on switching between mutual fund schemes

Investors can switch from one open-ended scheme to another within the same…
HRA

Income Tax in Case You Own More Than One House Property

If a taxpayer owns many house properties, the Income Tax Act allows…
Tax Exemption

Tax Implications on Your Stock Market Investments

Income tax is one of the most important sources of revenue for…

Mistakes to Avoid While Investing for Section 80C Deduction

Section 80C is one of the most popular tax-saving provisions used widely…

Indian economy to grow at 7.2% in 2021, and second largest in 2022

The United Nations Conference on Trade and Development (UNCTAD) released a report…