We have all heard about subscription based plans for video streaming platforms like Netflix, Amazon Prime etc. wherein we pay a fixed amount every month and get unlimited video streaming… Read more
Cost Inflation Index (CII) is an Index which finds its utility in the income tax act at the time of computation of Long Term Capital Gains to be disclosed in… Read more
CA Final Results of May-June 2019 were announced on 13th Aug 2019. Post the declaration of May-June 2019 CA Final Results, the pass percentage and details of toppers were also… Read more
When you buy a car you must remember to insure it. But most people make the mistake of purchasing insurance based on recommendations made by their car dealer. Car manufacturers… Read more
As Indians, we have a knack for using protection shields whenever we bring home something new, for example a brand newcar. We believe in safeguarding our car by using kitchen… Read more
Owning a house is a dream for the majority of Indians. With the real estate rates sky-rocketing, the home loan industry has gained popularity. Almost every bank and non-banking financial… Read more
A home loan is a loan product which is provided by a financial institution to the individuals who want to purchase a home, but they do not have the finances… Read more
Owning a home is one of the most appreciated marks of success in this world, and a home also provides security to the owner. But with the rising prices of… Read more
Amendment introduced in Budget 2019 In case of a person (other than company or firm) – ITR Filing in India is mandatory only if it is more than the minimum… Read more
As a general rule, TDS is only required to be deducted by those businesses/professionals whose books are audited under Section 44AB. However, to bring more people under the TDS net… Read more
A very important criterion to be kept in mind while taking a Home Loan is the Tax Benefit on Home Loan. To explain the Tax Benefit on Home Loan, we… Read more
The first thing which every financial planner will tell you is to clearly specify your Financial Goals. Because till the time you don’t have financial goals – you will never… Read more
The following are the major changes announced in Finance (No. 2) Bill 2019 announced by FM Nirmala Sitharaman on 05th July 2019 Tax Rate reduced to 25% to companies having… Read more
Surcharge is levied on Income Tax and is levied if Income is more than Rs. 50 Lakhs in case of Individuals and Rs. 1 Crores in case of Companies. The… Read more
As per the provisions of the Income Tax Act, TDS/TCS is required to be deducted at the time of making any payment. This TDS is deducted by the person making… Read more
