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Taxation of your Real Estate Capital Gains
If you are in habit of investing in capital assets like stocks, real estate, etc., you will know how the…
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Senior Citizen and How to invest Retirement money?
Before or On retirement the question that one has is how to use the retirement kitty? You are or will be retired and…
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Income Declaration Scheme: Features,How to Declare undisclosed income
The Income Declaration Scheme provides an opportunity to persons who have paid not full taxes in the past to come…
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Comparison of Income Tax Filing Websites:IncomeTaxEfiling,ClearTax,etc
Last date for filing of Income Tax return for income earned between 1 Apr 2015-31 Mar 2016 is 31 Jul…
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Self Assessment Tax, Pay Tax using Challan 280, Updating ITR
Before filing the ITR one has to make sure that one owes no tax . If after calculating the income,…
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Claim HRA while living with parents
Saayam works in a private company in Delhi. His company provides him with house rent allowance orHRA. But he lives with his parents instead. Can…
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Process of Buying a house and Getting Home Loan
We all want a place of our own, a place where we can relax in peace with our family. A…
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Rebate under Section 87A can help you have Zero Income Tax
Rebate helps taxpayers to reduce their tax liability. It comes under section 87A of Income Tax Act. Resident individuals having…
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Invest in a reliable Health Insurance Plan Early
During a conversation taking place at lunch hour in a Bangalore based office, Reenu said “I was reading, Our Impossible…
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HRA increased from 24,000 to 60,000 under section 80GG
“I propose to increase the limit of deduction of rent paid under 80 GG from Rs 24,000 per annum to…
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Budget 2016 and Tax on EPF
“In case of superannuation funds and recognised provident funds, including EPF, the same norm of 40 per cent of corpus…
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