House rents can be a significant strain, especially in cosmopolitan areas where finding a rental home is difficult. The rent amount is...

What does Section 80D entail? Section 80D allows any individual or HUF to deduct medical insurance premiums paid in any given year from...

Contributions to certain relief funds and charity organisations can be deducted under Section 80G of the Income Tax Act. However, all...

Online, you may quickly link your Aadhaar number to your Permanent Account Number (PAN). Through a simple facility on its website, the...

Introduction: In India, vehicles are considered a luxury item, and many individuals take out loans to buy their dream cars. But did you...

When you file your I-T Return, the income on which you must pay tax is first established, and then the tax amount is calculated using the...

The yearly tax credit statement, Form 26, is very significant. This form includes information on any TDS deductions made from your...

Defining and Using the Term "Fund of Funds" Instead of investing directly in equities or other asset classes, a Fund of Funds (FoF) is a...

Capital gains tax applies to mutual fund investments. It's based on the profit we make when we sell or redeem our mutual fund assets...

A person's financial goals determine the gold shape he or she chooses to invest in. Taxes on various types of gold vary. To learn more,...

A task well began is a task half completed. If you are the kind that waits until the end of the fiscal year to begin tax investments,...

Education loan repayment advantages are enhanced under Section 80E . Education loan interest costs can be reduced by a thorough...

The Indian government has yet to provide cryptocurrencies the status of legal money. RBI attempted to enforce a ban in 2018 by...

One of the most popular long-term investments for those saving for retirement is the Public Provident Fund. It has high interest rates...

Your employees' provident fund (EPF) statement will now show two accounts inside your provident fund account beginning this fiscal year....

The government has extended the deadline for submitting an income tax return (ITR) to December 31, 2021 this year (from the usual July...

Higher education is now more important than ever, as obtaining a suitable career becomes more difficult and competitive every year....

Many salaried workers receive HRA, or House Rent Allowance, which is included in their income. However, did you know that if you live in...

The capital gains realised from the sale of capital assets are dealt with under Section 54F. Let's have a look at the contents of this...

A range of deductions and exemptions are available  to help you save money on taxes . Investing in a wide range of instruments that...