Short Term Capital Gains Tax: Meaning, Tax Rates, Deductions And More
An investor receives profits from selling capital assets in their possession, and these profits are... Read More »Capital Gains Tax on Sale of Property: Meaning, Calculation And Tips To Get Tax Exemption
Are you a property owner looking to sell your property? If that is the case, note that you... Read More »How To Calculate Income Tax In Excel?
It is advisable for individuals to calculate their income tax at the beginning of a financial year ... Read More »All You Need To Know About Deemed Dividend under Section 2(22)(e)
Generally, returns that an investor earns by buying shares of a company are called "dividends." How... Read More »Tax Deducted At Source: Meaning, Rates And Due Dates
The Central Government introduced TDS (Tax Deducted at Source) to collect taxes from an individual'... Read More »How To File ITR-1 Online?
There are different categories of taxpayers whose filing process depends upon the income and its so... Read More »6 Ways To e-Verify Your Income Tax Returns Online
If you have already filed your Income Tax Returns (ITR), now you need to verify it. The tax departm... Read More »How To Use HRA Exemption Calculator Online?
House Rent Allowance (HRA) is an amount that employees receive from their employers as a part of th... Read More »How to Use a TDS Calculator?
TDS (Tax Deducted at Source) refers to a specific amount deducted by anyone who pays rent, salary, ... Read More »Here’s All You Need To Know About Tax Audit Under Section 44AB Of Income Tax Act
Tax evasion and fraud are major problems India often goes through. In a country where only around 1... Read More »Income Tax Rebate Under Section 87A: Eligibility & Claim Process
The Government of India allows taxpayers with lower annual income to get tax rebate under Section 8... Read More »Income Tax Act, 1961: Overview, Tax Slabs and More
Enacted in 1961, the Income Tax Act is the statute that helps in governing the taxation in India.&n... Read More »How To File Income Tax Return (ITR) For Mutual Funds On New Tax Portal
Mutual Fund investments are subject to market risks, and income tax too. Given the ease and passive... Read More »How To File Income Tax Return-2?
The Income Tax Act, 1961 classifies taxpayers based on earnings, income source and age to ensure ha... Read More »Section 115JB Of The Income Tax Act: MAT Provisions, Applicability And Exclusions
Can a company reduce its net tax to zero using tax benefits? Section 115JB of the Income Tax Act... Read More »Section 154 of the Income Tax Act: A Comprehensive Guide
After a taxpayer files ITR (Income Tax Return), the tax department checks the return and issues an ... Read More »A Comprehensive Guide On Wealth Tax In India
The wealth tax was previously imposed on the super-rich section. However, the government ... Read More »Section 194D Of The Income Tax Act: Rate Of Deduction And Due Dates
Insurance policies are excellent options to cover the expenses that you might incur from medical em... Read More »Section 194 Of The Income Tax Act: Exceptions And Rate Of TDS
Individuals having a decent understanding of the stock market purchase shares of big companies ofte... Read More »Section 80U Of The Income Tax Act- Deductions For Disabled Taxpayers
The Income Tax Act prescribes various tax deductions under Chapter VIA through which taxpayers can ... Read More »Section 54EC: Applicable Exemptions, Capital Assets, And Bonds
Section 54EC of the Income Tax Act lays down provisions for tax exemption of long-term capital gain... Read More »Income Tax On Interest Earned From Fixed Deposits
Fixed deposits are popular saving instruments that allow you to earn interest for depositing an amo... Read More »Section 194K Of The Income Tax Act: TDS On Income From Mutual Funds
The government declared the abolition of the Dividend Distribution Tax through the Union Budget of ... Read More »A Guide On Section 56-59 Of The Income Tax Act: Income From Other Sources
Section 56-59 of the Income Tax Act deals with the taxation on any earnings that fall under th... Read More »