How to change bank account for Income Tax refund online?
Do you know which bank is linked to your Income Tax refund? How to change bank account for Income Tax […]
Tax Planning
This all about Income Tax
NPS Tier 2 Tax Benefits 2023 – Under New Tax and Old Tax Regimes
What is the NPS Tier 2 Tax Benefits 2023 – Under New TAx and Old Tax Regimes? Whether one will
Insurance Policy Tax Benefits – Under New / Old Tax Regime
What are the Health, Life (Term Life Insurance, ULIPs, and Traditional Life Insurance) insurance policy tax benefits under new and
Should we switch to hybrid funds from debt funds to avoid tax?
Should we switch to hybrid funds from debt funds to avoid tax? What are the risks involved in hybrid funds?
Cost of Inflation Index for FY 2023-24 AY 2024-25
What is the CII or cost of inflation Index for FY 2023-24? CBDT notified the Cost of Inflation Index for
Debt Mutual Funds Taxation from 1st April 2023
What is the debt mutual fund taxation from 1st April 2023? Whether they be taxed as per tax slab or
Latest TDS Rates Chart for FY 2023-24 (AY 2024-25)
After the Budget 2023, what are the latest TDS Rates Chart for FY 2023-24 (AY 2024-25) applicable? Are there any
NPS Tax Benefits 2023 – Under New Tax and Old Tax Regimes
After the Budget 2023, what are the NPS Tax Benefits 2023 under the new tax and old tax regimes? This
Section 87A – How is income up to seven lakhs tax-free?
As per the Budget 2023, under Sec.87A, how is income up to seven lakhs tax-free from 1st April 2023? This
Revised Latest Income Tax Slab Rates FY 2023-24
What are the revised Latest Income Tax Slab Rates for FY 2023-24 after Budget 2023? During the Budget 2023, Finance
Budget 2023 – 12 Key highlights impacting personal finance
What are the Budget 2023 – 12 Key highlights which are going to impact our personal financial life? Let me
Capital Gain Tax on Sale Of Property in India
What is the capital gain tax on the sale of property in India? How to calculate long-term and short-term capital
Under Construction House Tax Benefits on Home Loan
Under Construction House Tax Benefits are entirely different than the ready-to-occupy or completed house home loan tax benefits. Many of
New EPF Taxation and TDS Rules – Contributions above Rs. 2.5Â lac
What are the new EPF Taxation and TDS Rules if your contribution per year is more than Rs.2.5 lakh? How
Section 80EEB – Tax Benefit for electric vehicle purchase loan
Are there any tax benefits for buying an electric vehicle on loan? Yes, in order to promote electric vehicle usage,
Tax Planning
Cost of Inflation Index from FY 2001-02 to FY 2022-23
What is the Cost of Inflation Index from FY 2001-02 to FY 2022-23? CBDT notified the Cost of Inflation Index
ITR Forms AY 2022-23 / FY 2021-22 – Which form to use?
Recently CBDT notified the latest ITR Forms AY 2022-23 / FY 2021-22. What are the changes in the new ITR
Taxation of Sovereign Gold Bond 2023
What is the taxation of sovereign gold bonds or SGB? Nowadays Sovereign Gold Bond Scheme or SGB turned one of
Latest TDS Rates Chart for FY 2022-23 (AY 2023-24)
What is the latest TDS Rates Chart for FY 2022-23 (AY 2023-24) applicable? Whether there are any changes in rates
Mutual Fund Taxation FY 2022-23 / AY 2023-24
After the Budget 2022, what is the Mutual Fund Taxation FY 2022-23 / AY 2023-24? What is the new Dividend
Tax Planning
Cryptocurrency Taxation in India – Budget 2022
A big announcement was done during the Cryptocurrency Taxation. During the Budget speech, the finance minister announced that virtual digital
Latest Income Tax Slab Rates for FY 2022-23 / AY 2023-24 | Budget 2022 Key Highlights
What are the Latest Income Tax Slab Rates for FY 2022-23 / AY 2023-24 after Budget 2022? Are there any changes to applicable
50 transactions reported in Annual Information Statement (AIS)
In order to promote transparency and simplifying the tax return filing process, CBDT amended Form 26AS. The new Form 26AS
Taxation on ULIP Surrender – Before or after 5 Yrs
Purchased ULIP long back but now decided to surrender it? First, understand the taxation on ULIP Surrender. Many of us