Are tax-saving infrastructure bonds tax-free? See how they are taxed

Tax-saving infrastructure bonds are issued by the government and enjoy a deduction…

Income tax: Know the rules of clubbing income

The clubbing of income in the Income Tax Act means to include…

Incurred Loss in the Stock Market? Here Is How You Can Set Off the Loss

The volume of investment in the stock market has increased multifold with…

Tax You May Need to Pay on Gifts This Diwali

Beginning October, the festive season from Dussehra to Diwali comes with celebrations,…

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…
HRA

Income Tax in Case You Own More Than One House Property

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

Advance tax second instalment due date is here! Points to keep in mind

Advance tax and tax deducted at source (TDS) are the direct tax…

Do Bloggers Pay Tax? How?

The millennial generation has substituted the way we humans used to work…

CBDT Extends Time to File Application for Settlement

The Central Board of Direct Taxes (CBDT) extended the time for taxpayers…