-
This Donation Can Prove Costly!
The IT Dept has tightened its grip against those who evaded tax by donating to small political parties. Notices have been sent to about 5,000 taxpayers. How was this whole game of tax evasion going on? How did Income Tax come to know about this? What things you should keep in mind while you claim tax deduction on donations?
-
Even Investing Is Taxing!
Many people transfer money r\from one mutual fund scheme to another.
-
Get Tax Breaks 0n Rent Paid To Spouse!
The time has come to give account of the savings you have made to save taxes in the financial year 2023-24.
-
Old or New: Which One Suits You?
There is a lot of confusion regarding difference new and old tax regime. Let us find out tax benefits you get in the old tax regime. How much tax can you save?
-
Should You Invest in ELSS?
What is ELSS? How suitable is it for tax saving? Who should invest in ELSS? What are the benefits of doing tax planning at the beginning of the financial year?
-
In The Grip of I-T Deptt!
Now, you will have to tell how much cash did you receive!
-
Why is New Tax Regime not Preferred?
According to a recent survey, the old tax regime is still the first choice of the people. Only 37 percent people want to shift to the new tax regime. What is the reason why people do not want to leave the old tax regime? For whom is the new tax regime suitable?
-
Here's a Chance to Correct ITR Mistakes
The Income Tax Department has introduced a new feature to simplify the process of Income Tax Return (ITR) filing. Its called 'Discard Return'. What is discard return and what is it useful for?
-
Are You Selling Gold?
Old people keep gold in the form of jewelery or coins. Nowadays, apart from the traditional method, there are also options like Gold ETFs, Gold Savings Funds and Sovereign Gold Bonds... When and how is gold taxed? When is the income from gold considered as long term capital gain?
-
Make The Right Choice!
The month of December is very important from the point of view of tax planning. If you have not done tax planning yet, do it now. How to choose a tax regime before tax planning? Which tax regime is right for which person? What deductions are available in the old tax regime?
