tax

2 min read

How tax on rental earnings works for NRIs?

How is earnings from dwelling property taxed in India for NRIs or non-resident Indians? Are there any distinct legal guidelines...

4 min read

Decoding the tax exempt standing of encashed leaves

Leave encashment acquired on retirement is exempt from tax. It is eligible solely whether or not it's acquired on retirement...

3 min read

Can I declare HRA for lease that parents pay?

I'm for the time being working from dwelling remotely. I'm residing with my dad and mother, and they also moreover...

2 min read

How NRIs are taxed on property sale constructive features

I'm an NRI having a flat in Pune, which I want to advertise. My father has the ultimate vitality of...

1 min read

Understanding the nuances of the newest amendments in TCS provisions

The Union funds 2023 has elevated the TCS value on worldwide remittances made beneath LRS from the prevailing 5% to...

3 min read

20% tax on financial institution card spend all through overseas journey

New Delhi: Starting 1 July, a 20% tax collected at provide (TCS) will most likely be levied on overseas financial...

3 min read

Your financial institution card bill can shoot up 20%: proper right here’s how

The authorities has launched financial institution playing cards beneath the Liberalised Remittance Scheme (LRS) from 1 July. Even a buck...

4 min read

Is lease paid for redevelopment initiatives taxed?

Construction work is occurring at a delicate tempo in roughly 11,125 developing web sites in Mumbai for the time being....

4 min read

Here are the tax risks of being a joint holder

A joint account held with one’s companion has been an accepted mode of holding investments, along with monetary establishment accounts,...

4 min read

Here are the tax risks of being a joint holder

A joint account held with one’s associate has been an accepted mode of holding investments, along with monetary establishment accounts,...

2 min read

Is the amount gifted by your accomplice taxable?

I've an earnings of ₹12 lakh yearly, along with bonuses. My husband presents me ₹90,000 per 30 days. Will this...

1 min read

How to e-verify IT return from abroad?

How can a non-resident Indian (NRI) file earnings tax return (ITR) and e-verify it on-line since OTP (one-time password) messages...

3 min read

What is the tax obligation on sale of farm land?

I'm a 33-year-old salaried expert who wishes to advertise my ancestral agricultural land located in a rural area. How should...

4 min read

Equity MF inflows drop 23% in This autumn amid dangerous markets

During January-March, equity mutual fund inflows fell by 23% to $5.9 billion from $7.7 billion, consistent with AMFI, nodal affiliation...

3 min read

How is tax calculated for income earned by non-resident Indians?

I'm a mechanical engineer dwelling in Doha (Qatar) for the ultimate 4 years. Is my income earned abroad taxable and,...

3 min read

Should I proceed with life insurance coverage protection?

I've been shopping for nicely being and life insurance coverage protection insurance coverage insurance policies for the ultimate a couple...

5 min read

Why long-time tenant Shenoy is planning to buy a house?

“It is finest to attend fairly than purchasing for a house when it isn't cheap after which take an unlimited...

3 min read

Finance act and the Way forward for debt Funds

In a rising monetary system like India, with an rising base of consumers, any funding automobile that is constructed on...

6 min read

Corporate bonds, Reits are choices to debt funds: Kotak Cherry CEO Srikanth

Is Kotak Cherry open solely to prospects of Kotak Bank? We don’t prohibit any prospects from onboarding or using any...

3 min read

First factor to do in FY24: Escaping the TDS clutches

A press launch issued by the Central Board of Direct Taxes (CBDT) on 11 March said that India’s gross direct...