New Regime For Men/Women Upto Rs. 2,50,000 Nil Rs. 2,50,001 to Rs. 5,00,000 5 per cent Rs. 5,00,001 to Rs. 7,50,000 10 per cent Rs. 7,50,001 to Rs. 10,00,000 15 per cent […]
Income Tax Slabs Fy 2020-21: New & Old regime
Income Tax on Rental Income
“Home isn’t where you’re from, it’s where you find light when all grows dark.” ― Pierce Brown, from the book : Golden Son The Annual Taxable Value of the property is calculated by […]
Individuals Taxpayers have to pay penalty for delaying income tax returns
Individuals taxpayers who have not filed their income tax returns for the past two years with over Rs.50,000 of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) will have […]
No tax free returns on high PF contribution. Read to know more.
The interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be taxable. The provision, introduced in Budget 2021 will apply only to the employee’s contribution and […]
Highlights of Union Budget 2021-22
General First digital Budget in the history of India Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles 64,180 […]
Let That Capital Grow
While Long Term Capital Gains are a new reality, investors should focus on Letting Their Capital Grow. It would be fair to say that as investors, we all prefer tax free investment alternatives. But let’s face it: […]
Tax Saving Mutual Funds : Best way to save tax
The equity asset class has been in a sweet spot in recent years with the S&P BSE Sensex returning nearly 13% CAGR in the past four years ended January 15, 2018. On the […]
Lambi innings ki taiyari
Retirement planning is one of the most important goals in the life of an individual. Typically, individuals prepare during their 30 years of working age acquiring knowledge, skill and sufficient income in […]
Reliance tax saver topping the chart in the equity tax planning category
As on December 31, 2014 Reliance Tax Saver Fund stood at number one position under the equity tax planning category. Its Net Assets stood at Rs. 3618.07 crore. For a time period […]
Tax Reckoner for Investments in Equity Mutual Funds FY 2014-2015
Please find herewith Income-tax Rates in India for Resident Individuals / HUF, Domestic Corporates and NRIs on Investments in Equity Mutual Fund Schemes for the FY 2014-15. Budget 2014 saw two changes […]
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