Your income from salary, business or other income like income from fixed/recurring deposits etc are taxed as per income tax slabs. Full Budget 2019 presented on July5, 2019 has made NO changes in the tax slab. The announcement that individuals with income up to Rs 5 Lakh would get full rebate is through Section 87A. There […]
We love to Save taxes and one of the ways to save on Long term Capital Gains Tax on Real Estate is to invest in Capital Gains Tax Saving Bonds u/s 54EC from NHAI, REC, IRFC or PFC. Below are few rules to avail this tax exemption: 1. Only Long Term capital gains from Real
Should you Invest in Capital Gain Bonds (54EC) to Save Taxes? Read More »
Taxation plays a very important role in the returns generated by your investment and so you should know how India tax investments before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments Saving Bank Account Interest earned in Saving bank account up to Rs 10,000 is
How India Tax Investments in 2021 ★ 23 most common Investments Explained Read More »
Finance Minister Piyush Goyal has proposed many changes in tax rules in Budget 2019. We present you 5 key changes that would impact all income tax payers. Increased Tax Rebate u/s 87A: While making the budget speech, Finance Minister said that people with taxable income of Rs 5 lakh would get full tax rebate. Many
5 Key changes in Income Tax Rules from April 1, 2019 that you must Know Read More »
Every budget makes some changes to tax laws every year and Budget 2018 was no different. We must be aware of these changes and plan our taxes and investments accordingly. Below are the 13 changes that Budget 2018 made and all of these would be applicable from April 1, 2018: 1. Reintroduction of Standard Deduction
13 Important Changes in Tax Rules from FY 2018-19 Read More »
