Here’s how a man reduced his total income by Rs 25 lakh after setting off loss from sale of shares and mutual funds with LTCG ...
Taxpayer earned Rs 81 crore tax exempt income; tax dept sent notice and disallowed tax exemption on Rs 17 crore income; ...
This article explains why NPS-using Tier 1 for pension building and Tier 2 for flexible saving may fit better when a steady ...
Ahmedabad: In a significant development, the Income Tax Appellate Tribunal (ITAT) in Ahmedabad has overturned the order ...
Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...
India Today on MSN
Will new income tax rules impose an 84% penalty on cash kept at home?
Recent changes to India's Income Tax regulations introduce strict penalties for unexplained cash and large cash transactions, ...
India Today on MSN
Want to save tax? Here's how gifting mutual funds can help you with it
A lesser-known method is gaining attention, gifting mutual fund units to relatives to legally reduce, or in some cases ...
Marriage and divorce alter several tax positions for individuals under India’s income-tax framework. Existing provisions ...
A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, ...
India income-tax rules on cash transactions explained by CA Shefali Mundra of ClearTax, detailing penalties, 84% tax, and ...
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