Gold rate

How much gold can you hold as per income tax rules?

Do you know that there is a limit to the quantity of…

CBDT has notified conditions for the pension fund

CBDT has been notified to amend the Rule 2DB (ii) and (iii)…
Tax Exemption

‘Vivaad se Vishwaas’ scheme timeline one more time extended

With the onset of the second wave of COVID-19, when most states…

New ITR-1 Sahaj Form – Eligibility, process of filing

To simplify the tax filing compliance, the income tax department has issued…

March 21 WPI inflation beats 8 years record

The wholesale price index (WPI) has shot up to 7.39 per cent…
Tax Exemption

High-value transaction that can invite income tax notice for you

The income tax department tracks all your high-value transactions through various sources.…
Tax Exemption

Tax deducted on dividend income – How to get relief if income is below the basic exemption limit?

The income tax department has upgraded Form 26AS to simplify the return…

RBI policy update – What’s in it for savers and borrowers?

RBI governor Shaktikanta Das announced the first monetary policy decision for FY…

Investments held in joint ownership? Here is what you should know

Many individuals have joint investments in mutual funds, equity shares, gold or…

Five changes in income tax rules from 1st April

Budget 2021 was announced in Feb 2021 by the Finance Minister. Some…