Interim Budget 2024-25: A List of Few Key Expectations

On February 1, 2024, Finance Minister Nirmala Sitharaman is scheduled to present…

Changes Introduced in New Sahaj, Sugam Income Tax Forms for AY 2024-25

For the assessment year (AY) 2024-25, taxpayers are mandated to provide additional…

Mutual Funds: A Snapshot of Indexation Provision

An investor is mandated to pay tax on the profit earned through…

Know the Difference: Exchange-Traded Funds vs Mutual Funds

Exchange-Traded Funds (ETFs) combine features of mutual funds and stocks. While ETFs…

A Quick Take on Tax Harvesting

Tax-gain harvesting is basically a strategy to reduce long-term capital gains (LTCGs).…

A Checklist to Assist You in Tax Return Preparation

The last day to file Income Tax Returns (ITR) is approaching faster…

Cost Inflation Index for FY 2022-23 Notified as ‘331’

The Central Board of Direct Taxes has announced the Cost Inflation Index…

Today: 15th June Last Date to Pay your First Advance Tax Installment

What is advance tax? Advance tax is the tax you estimate on…

How to calculate income tax liability if you sell your ancestral property

Any person selling a property inherited from his/her ancestors is not required…

Joint ownership of a house property has additional tax benefits

Buying a house property is everyone’s dream. There are various income tax…