What is Midcap Index – Features, Types and Why Should You Invest in 2023?
What is Midcap Index? A midcap index is a stock market index that has companies ranked between 101 and 250 with a ma... Read More »20 Best Index Funds to Invest in India in April 2023
What is an Index Fund? An index fund is a type of mutual fund or exchange-traded fund (ETF) that replicates the perf... Read More »What is a Cash Credit Loan and How to Apply for it?
What is a Cash Credit Loan? Cash credit loan is a type of short-term loan that is provided to businesses by financia... Read More »Instant Cash Loan in 1 Hour Without Documents
Instant Cash Loan in 1 Hour Are you in any emergency cash crisis and in need of an instant cash loan in 1 hour witho... Read More »20 Best Mid Cap Mutual Funds in India to Invest in April 2023
A mid cap mutual fund is a type of mutual fund that invests in the stocks of mid-cap companies. As per SEBI (Securities... Read More »What is an Aadhaar Card Loan and How to Apply?
What is an Aadhaar Card? An aadhaar card loan is a type of instant cash loan that requires the borrower to submit ju... Read More »Index Funds – Meaning, Types, Advantages and Disadvantages in 2023
What is an Index Fund? An index fund is a type of mutual fund that invests in a particular stock market index, such ... Read More »What is Nifty Midcap 50 – Returns and Stock List 2023
What is Nifty Midcap 50? The Nifty 50 Midcap index comprises top 50 Indian companies based on market capitalisation ... Read More »Progressive Tax: Meaning, Types and Benefits
Taxation is crucial for nation-building and development. But considering a taxpayer’s ability to ... Read More »How To Calculate Taxable Income?
Income tax refers to a tax that individuals pay on their income. The government imposes an income t... Read More »Income Tax Appellate Tribunal: Functions, Procedure To File An Appeal And More
After tribunalisation in India emerged, the Government of India constituted a body, the ITAT, on Ja... Read More »Niramaya Health Insurance Scheme: Features, Benefits and Enrollment Process
Niramaya Health Insurance scheme was conceived to provide affordable health insurance to people wit... Read More »Section 270A of the Income Tax Act: Penalties For Misreporting Or Underreporting Taxable Income
Section 271(1c), which imposed a penalty on concealing information or furnishing incorrect tax retu... Read More »Section 139 of the Income Tax Act: Provisions For Filing Different Types Of Returns
Anyone earning an income regardless of the sources is liable to pay income taxes as per the Income ... Read More »A Step-By-Step Guide to File ITR-6
The Income Tax Act 1961 requires every company to file their income tax return by the end of the fi... Read More »How To Download ITR-V Acknowledgement?
ITR-V is a single-page document that taxpayers, who file ITR without using a digital signature, can... Read More »Income Tax Changes in Union Budget 2022
Even though there was no announcement regarding changes in the income tax slab for Union Budget 202... Read More »Online Tax Accounting System (OLTAS) TDS Challan Status Enquiry
OLTAS (Online Tax Accounting System) is a method for online reporting, accounting and collection of... Read More »ITR-5 Form: Format, Filing Process And More
ITR-5 Form is an income tax return form that is applicable for investment funds, business trusts, e... Read More »BDO Income Certificate: Application Process & How to Check Status?
The BDO income certificate is an official statement issued by the Government of West Beng... Read More »Tax Deduction At Source Under Goods And Services Tax
GST (Goods and Services Tax) comprises three primary tax components, namely IGST, SGST and CGST. Un... Read More »Tax Deduction at Source Vs Tax Collected at Source: Meaning, Rates and More
There are both direct and indirect taxes that the government levies on goods and services. These se... Read More »Section 11 of Income Tax Act: Tax Discounts from Property Owned by Charitable Organisations
The Government of India provides hefty tax discounts on income from a property held for religious p... Read More »Section 35AD of the Income Tax Act: Eligibility, Specified Business & Deductions
The Government of India has recognised certain business sectors that are crucial for the country’... Read More »Tax Saving Fixed Deposit in India: Deductions Under Section 80C
Tax-saver FDs are fixed deposits that offer tax deductions through Section 80C of the Income Tax Ac... Read More »Advantages And Disadvantages of ELSS Funds
An ELSS (Equity Linked Savings Scheme) is an equity diversified mutual fund that invests a signific... Read More »Section 32 of the Income Tax Act: Tax Benefits On Depreciation Of Assets
Section 32 of the Income Tax Act and Rule 5 of the Income Tax Rules deal with the tax benefits on t... Read More »Section 206AA of the Income Tax Act: TDS Rates & Applicability
Many transactions and payments between taxpayers involve deduction of TDS (Tax deducted at source) ... Read More »Section 92E of the Income Tax Act: Meaning, About & Applicability
The Finance Act, 2001 introduced transfer pricing regulations in India by inserting new Sections (9... Read More »Mediclaim vs. Health Insurance: Which One to Choose?
People often get confused between mediclaim and health insurance while purchasing a health insuranc... Read More »Difference Between Financial Year And Assessment Year
Many people get confused between AY (Assessment Year) and FY (Financial Year). Often, they consider... Read More »Section 80CCG: Rajiv Gandhi Equity Savings Scheme (RGESS) Deduction Amount & Eligibility
Section 80CCG of the Income Tax Act, also known as the Rajeev Gandhi Equity Savings Scheme (RGESS) ... Read More »