Do you know the types of Mutual Fund Schemes?
Different types of investments are available to investors. Investors should compare all the risk factors and expected profit ratios to take informed decisions.…
Which gifts are taxable in India?
But a Layman will not have any idea that these gifts can also be taxable. Yes, after certain limit these gifts are taxable and one needs to pay tax on gift received by them…
Do You Know? Tax benefits available for Disabled Person
Disability can be Low vision, Blindness, Mental Illness, Hearing Impairment, and the law of the Government also defines Rigorous disability in which an individual suffers from 80% of disabilities called severe disability.…
Do you know the applicability of Tax on Life Insurance Policy?
Life is beautiful but also unpredictable and uncertain. So life insurance policy gave us a chance to take care of our loved ones even when we are not there and the government gives tax benefits on the same…
Things you should know about the new updated ITR
If any person has filed a return that is original, belated, or revised return, they can file an updated return within 24 months from the end of the Assessment year…
Do you know the recent news about Crypto?
The Reserve Bank of India (RBI) seems to be the most logical option but has expressed intentions of introducing its own crypto. The other possible option among the existing organisations is SEBI. It won't be surprising if the government comes up with a new body altogether for regulating crypto.…
Highlights of Budget 2022
The Budget 2022 mainly focused on ‘digital and technology and other sectors like infrastructure, health, education and provision of e-services to the masses.…
What is Section 80EEA of the Income Tax Act, 1961?
A new Section 80EEA has been inserted by the government to allow for an interest deduction from AY 2020-21 (FY 2019-20).…