Up to 50,000 is exempt from interest payments A deduction of 50,000 for interest is permitted starting in FY 2018–19 under Section 80TTB....

A tax cut is always a good thing! Investment in tax-saving instruments is a primary goal for tax-savvy individuals. Savings, on the other...

National Pension Scheme (NPS)-80CCD(1B) If you are or plan to open an account in the NPS or National Pension System, Section 80CCD(IB)...

Investment in retirement plans and schemes is a smart idea when you are in your twenties or thirties and have begun making money. While...

Overseas colleges' tuition fees, which were already significantly higher than those in India, have skyrocketed in the recent two decades....

The new ITR filing rule states that if the amount of TDS and TCS in a year exceeds Rs 25000, an Income Tax Return (ITR) must be filed. To...

A Mutual Fund tool that allows investor to periodically transfer a certain amount from one scheme to another scheme at a predefined frequenc

The Union Budget mandating – 30% capital gains tax, 1% tax deductible at source (TDS), and the inability to offset or even carry forward...

What is Section 80TTA of Income Tax Act?

One of the most appealing aspects of NPS retirement planning is that you may save for your post-retirement years while simultaneously...

What is an International Equity Fund, and how does it work? An International Equities Fund is a mutual fund that invests primarily (more...

It's expensive to manage your own firm. As they get ready to start and maintain their businesses, first-time business owners tend to...

The deadline for reporting ITRs for FY 21 (Assessment year 2021-22) has been extended to December 31, 2021 for most salaried taxpayers...

If you've been slacking in your work, your boss probably informed you that your tax withholding (TDS) will be higher as a result of your...

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

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...

NPS is a long-term investment with a long lock-in period that can help you increase your money and save for retirement. In keeping with...