Income Tax

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How to Link Aadhaar with PAN Card Onlinе

Link-Aadhaar-to-Bank-Account-Enterslice

An Aadhaar card contains a uniquе 12-digit numbеr issuеd to еvеry citizеn in India by thе Uniquе Idеntification Authority of India (UIDAI). A PAN...

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Income Tax

How to claim a tax credit on the foreign income of a re...

How to claim a tax credit on the foreign income of a resident

Do you have some income you earned abroad in this financial year? You would have paid tax outside India on such foreign income. If you are an Indian reside...

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Income Tax

Income Tax on Digital, Physical and Paper Gold in India...

Income Tax on Digital, Physical and Paper Gold in India

The practice of investing in gold is fairly common. Depending on their financial objectives, people invest money in various types of gold. The earliest typ...

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Act Income Tax

Section 80GG of Income Tax Act and Deductions in Respec...

Section 80GG of Income Tax Act and Deductions in Respect of Rent Paid, Conditions & Eligibility

Section 80GG is a provision under Chapter VI-A of the Income Tax Act 1961. It provides tax reprieve to those who do not avail of house rent allowance. To b...

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Income Tax

When and How to Pay Income Tax on Fixed Deposit’s Int...

When and How to Pay Income Tax on Fixed Deposit’s Interest Income

Income Tax is that form of Direct Tax imposed by the government on the annual Income either generated by Individuals or business entities. A share is calcu...

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Income Tax

Capital Gains Tax & What is Capital Gains Tax in In...

Capital Gains Tax & What is Capital Gains Tax in India, Types, Tax Rates, Calculation, Exemptions & Tax Savings

Any profit or gain arising from the sale of a 'capital asset' is known as 'income from capital gains'. Capital gain is taxed in the year in which the capit...

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Income Tax

Can You Save Tax by Transferring Money to Wife’s Acco...

Can You Save Tax by Transferring Money to Wife’s Account

Do you want to transfer money to your spouse's account so she can meet personal expenses? Will that money be counted as income? Or is it considered as borr...

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Income Tax

How to save Capital Gains Tax on the Sale of Land?

How to save Capital Gains Tax on the Sale of Land

Any profit from a capital asset is classified as Capital Gains for income tax and will be subject to capital gains tax. Land is treated as a Capital Asset,...

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