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Homec > Tax

Tax

Know the trick to save tax on rental income!
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?
How flexi benefits help you in saving taxes?
Know here how flexi benefits can help you in reducing tax liabilities!
How flexi benefits help you in saving taxes?
Know here how flexi benefits can help you in reducing tax liabilities!
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?
Hiding Income May Prove Costly!
If you have shown lower income in your return, then, you might receive a notice from IT Department
Beware Tax Payers!
If you have shown lower income in your return, then, you might receive a notice from IT Department
5.5 crore opted for New Tax Regime!
The new tax regime does away with many popular deductions like premium paid for health insurance, contributions to PPF, house rent allowance and more
Life policies with over Rs 5 lakh premium face tax
Previously, the IT Act exempted the amount received by way of bonuses under a life insurance policy. Now, following these regulations, no life insurance policy whose annual premium payable exceeds Rs 5 lakhs and which has been issued after 1st April, 2023, will not be allowed to benefit from this exemption.
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...
28% GST burns sets ablaze online gaming cos
Most states are expected to take the Ordinance way to modify local GST laws, that will allow them to begin taxing casinos, horse racing and online gaming cos

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