When a capital asset is sold or transferred at a profit, it is termed as capital gain or capital profit
The capital gain is taxed in two ways on the profits made from selling the house. If the house is sold after keeping it for two years or more, then it
Additional tax
The Income Tax Act of 1961 categorises five heads of income to ensure that these various revenues are covered
As you advance in your career and grow older, your life goals change. The new goals also call for change in financial allocation.
The NFO will be available for subscription between July 20 and August 3, 2021
Taxpayers should keep all the invoices and bills for claiming the expenditure incurred towards renovation for claiming this as 'Cost of Improvement'
Gold is India’s most wanted investment as well as inheritance. Gold is bought in 3 ways- physical form like a coin, bullion or jewellery, as paper g