Category

Tax

Tax

Income Tax Rules for NRIs

The Indian Economy majorly depends upon the tax collection for its citizens. This includes the NRIs non-Residential Indians as well, working and earning abroad. There is a lot of difference in the rules and regulation as applied on NRIs compared…

Tax

GST Explained

What is GST? Traditionally taxation in India has been a complex system due to the number of Indirect Taxes imposed on the sale of a single product. The Goods and Service Tax (GST) was designed to do away with a…

Tax

Link Aadhaar to PAN

On the 26th of September 2018, the Supreme Court passed a verdict making it mandatory to link your Aadhaar to you PAN to file for Income Tax Returns. The last date to link your Aadhaar to your PAN is 31st…

Loan, Tax

Tax Benefits from Home Loans

Purchasing a house is a goal of almost every individual and the government of India encourages its citizens to make this investment. As most people cannot afford to buy a house outright and require taking a Home Loan for this…

Senior Citizen, Tax

Senior Citizen Income Tax Benefits

SENIOR CITIZEN INCOME TAX BENEFITS: SECTION 80TTB AND OTHERS The budget for the year 2018 panned out really well for senior citizens. With the introduction of a new section 80TTB, the senior citizens are exempted from taxes to a large…

Investments, Mutual Funds, Tax

How to pick the right ELSS

Equity Linked Saving Scheme (ELSS) is a particularly popular tax-saving instrument, mainly because of having the lowest lock-in period among the options available under Section 80C. Even so, there are hundreds of options available and choosing the one that’s right…

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