Komal Chawla

106 posts
I am an aspiring Chartered Accountant. I spend most of my free time dredging through the various Indian finance subreddits. I am a semi-professional bowler with a high strike rate every time there is a new tax reform!
Gold rate

Gold bonds open for subscription now, know income tax benefits

The latest portion sovereign gold bonds (2019-20 — Series VIII) has been…

CBDT grants relaxation on eligibility conditions of ITR-1 & ITR-4

The Central Board of Direct Taxes (CBDT) has granted relaxation in the…
Dearness allowance

Tax Query: Tax benefit on interest paid on education loan allowed under IT

My 24-year old son wants to pursue higher studies in the UK.…

4 alternatives to savings account for higher returns

Is keeping your hard-earned money in a savings account worth your wait?…
Aadhaar Update

Aadhaar-PAN linking deadline extended, yet again!

The due date to link Aadhaar and permanent account number (PAN) has…
Dearness allowance

Tax Query: How to report loss on ESOPs in the income tax return?

Mr Sumit has suffered a short-term loss of Rs 1 lakh under…

New PPF scheme 2019 notified with some amendments

The Government of India has notified the Public Provident Fund (PPF) Scheme,…
Dearness allowance

Pour your hard-earned money into tax-saving investments

Tax planning is the most important part of one’s effective money management.…

Tax Query: TDS on rent not needed if NRI’s income is less than Rs 2.5 lakh

Mr Gupta’s son lives in Australia. He has signed a power of…
ELSS

Tax query: ELSS or FD—Which is the Best Tax Saving Option under Section 80C?

Mr Raman needs to invest Rs 1 lakh in tax-saving mutual funds…