Invest in Post Office Time Deposit to Double Your Money in Less Time

If you invest in the time deposit scheme of the post office…

Term Insurance vs ULIPs – Which One Should You Choose?

Unit-linked insurance plans (ULIPs) and term insurance are a useful tool to…

Education Fees and Hotel Bills May Be Monitored By IT Dept

PM Narendra Modi launched the ‘Transparent Taxation’ platform on Independence Day. The…

PM Modi launches ‘Transparent Taxation’ With Other Direct Tax Reforms

‘Transparent Taxation’ platform was launched by PM Narendra Modi on 13th August…

Tax Query: Can I claim deduction for expenses from commission income?

I run an agency for online travel bookings, including tickets and accommodation.…

Deadline to File ITR For AY19-20 Extended to 30th September 2020

The Central Board of Direct Taxes (CBDT) has extended the deadline for…

Form 26AS to include details of high-value transactions

The income tax department is streamlining taxpayer information, reporting of income and…

Govt. Provides IT Exemption for Properties in New Delhi’s Unauthorised Colonies

Homeowners belonging to New Delhi’s unauthorised, but now legalised colonies, heaved a…

Tax Query: What are the tax implications of investing in ELSS?

I invest in ELSS (Equity-Linked Savings Scheme) of mutual funds to claim…

IT rules specify allowances for employees choosing new tax regime

The new tax regime is effective from FY 2020-21. Employees choosing the…