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No Tax Rebates Here!
Alimony is an important aspect of the divorce process. In such a situation, it is important to understand how alimony is calculated? When will the alimony received from husband after divorce be taxable? How will the wife not have to pay tax on alimony?
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Son Earns, Father Taxed!
Generally you have to pay tax on your earnings. But sometimes such a situation arises that you have to pay tax on someone else's income also. This is called clubbing of income. What is clubbing of income? When may you have to pay tax after gifting property to your son?
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Worried About PF Interest?
Last year's interest has not yet been received in the Employees Provident Fund i.e. PF account. Due to this, crores of account holders are disappointed. Do you know when and how interest is added to PF account?
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This Deed Can Give Peace of Mind!
You can transfer your property to others in many ways... One of these is Gift Deed... What is Gift Deed? How can it be made? How can it reduce property disputes? When is tax required to be paid on property received as a gift?
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When Is Farm Land Sale Taxed?
Not every land used for farming is considered agricultural land in the eyes of Income Tax Act. Which agricultural land will be taxed on sale and which will not be? Lets find out
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Earn From Rent, Save On Taxes!
Investing in property is considered a safe option for earning rental income. Where should you show rental income in your income tax return? How is rental income taxed? How can you save taxes on rental income?
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This Flexibility Can Save Taxes!
Know here how flexi benefits can help you in reducing tax liabilities!
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Selling Property? Save Tax Like This!
Are you planning to sell your old house and buy a new one, then first you must find out the rules related to taxes... How much tax will be levied if you sell a house or land? How will the tax be calculated on the income earned from selling your house? How can you save on capital gains tax?
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Hiding Income May Prove Costly!
If you have shown lower income in your return, then, you might receive a notice from IT Department
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When Is Gift To Wife Taxed?
People often give gifts to their wives. Will gift of shares or property to wife is taxed in India? On what occasion one has to pay no tax on any gifts? Know answer to all such questions here...
