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TDS Rates for FY 2020-21 on Income, Fixed Deposit, Mutual Funds etc
TDS stands for tax deducted at source. Prescribed persons(Employers, Seller of Property, one who hires contractor), are required to deduct…
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Financial Year 2019-20 extension 30 Jun 2020,What is it? How do do tax saving for FY 2019-20, FY 2020-21?
The government on 24 March 2020 announced that taxpayers have time until 30 June 2020 to complete their tax-saving exercise…
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Do I have to pay tax on returns on investment in ELSS?
Who doesn’t want to save taxes? In fact, every year young professionals hope that the union budget raises the income…
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ReCategorization of Mutual Funds and Tax
Are investors taxed at the time of merger/consolidation of mutal fund schemes? How will capital gains tax calculated on equity…
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Submit Form 15G for EPF Withdrawal online, TDS, Sample Filled Form 15G
In May 2019, EPF Member Website for employees allows one to submit the Form 15G for EPF Withdrawal online to…
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International Mutual Funds: What are these, Pros and Cons, Tax
International Mutual Funds are the funds that allow investors to invest in the stock market beyond their country in their…
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Tax Saving: How to create wealth and save tax simultaneously?
The best time to begin planning your tax-saving investments is at the start of the financial year. It gives you…
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Zero Income Tax due to Rebate when Income More than 5 lakhs
The Union Budget 2019 announced a slew of tax breaks to lower the tax burden of taxpayers and brought in…
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What are the tax implications on redemption of ULIP?
In the vast ocean of insurance products, one can browse through and of course be spoilt for choice when it…
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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…
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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…

