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Learn How GST Affects Your Insurance Premiums

Goods and Services Tax (GST), which came in to effect on 1st of July 2017, aimed at eliminating the cascading effect of various taxes on the cost of goods and services. This single value-added tax replaced the entire tax structure in India. GST is levied at every...

5 Investment Opportunities for All Your Tax Saving Needs

Taxpayers are required to pay tax as per the guidelines laid by the Income Tax Act, 1961. You may seek to reduce your liability through a host of deductions and exemptions under various sections of the Act. You may invest in certain investments that fall under the...

How GST has affected the Tobacco Industry

After wheat or paddy, an important commercial crop grown in India is tobacco. India stands in the list of top 10 largest tobacco producing countries in the world, renowned for its stimulant rich full-bodied flavours and smoothness. India is not only a major producer...

ULIP Relook: Tax Advantage due to Long term capital Gains on Equity

Life insurance is meant to offer financial protection to dependents in the unfortunate event of one’s death. With long-term capital gains (LTCG) from equity and equity mutual funds being taxed from 1 Apr 2018, the tax advantage has shifted towards unit-linked...

Short Term Capital Gains of Debt Mutual Funds,Tax, ITR

If one sells an asset such as bonds, shares, mutual fund units, property etc, one must pay tax on the profit earned from it.  Tax is applicable on this gain or profit in the year in which asset was sold.  The taxability of capital gains depends on the nature of gain,...

Long term Capital Gains of Debt Mutual Funds: Tax and ITR

If one sells an asset such as bonds, shares, mutual fund units, property etc, one must pay tax on the profit earned from it.  Tax is applicable on this gain or profit in the year in which asset was sold.  The taxability of capital gains depends on the nature of gain,...
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