Dearness allowance

Tax Query: Can I Claim Deductions on Tax Saving Investments?

I am a salaried individual aged 30 years. For the FY 2019-20,…

Tax Query: Can NRIs claim deduction on donations?

Mr Amit is a non-resident Indian living in Australia. He wants to…

Tax Query: Can co-owners of the same house claim tax benefits?

Mr Raj has recently bought a complete apartment jointly with his wife.…

Tax Query: Is investing in Post Office schemes and FDs a good option?

A moderator investor, aged 37 years, wants to sell a portion of…

Tax Query: Should NRIs file ITR in India if taxable income exceeds Rs 2.5 lakh?

If a non-resident Indian (NRI) has a vacant and locked house along…
Tax

Tax Query: Does reinvestment in agricultural land qualify for an exemption?

Can I avail an income tax exemption by investing my long-term capital…

Tax Query: Capital gains tax can be reduced with different exemptions

I purchased a residential flat for Rs 2.75 lakh in the year…

Tax Query: How much money can be gifted to parents under IT laws?

I want a HUF in my name. Who is eligible to contribute…