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....

Ideal weekend getaway: In spite of the fact that their two-bedroom flat in Mumbai, was roomy, it was plagued by the normal challenges of...

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...

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

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...

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....

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

Individuals who are NPS subscribers can claim a tax advantage under Sec 80 CCD (1) up to a maximum of Rs. 1.5 lac under Sec 80 CCE. All...

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...