Gold is more than a precious metal in India. It represents traditions, customs, love and a lot of emotions. But as much as Indians love to hold gold, there is confusion as to how much of gold can people keep...
Gold is more than a precious metal in India. It represents traditions, customs, love and a lot of emotions. But as much as Indians love to hold gold, there is confusion as to how much of gold can people keep...
Gold can be held in various forms like Jewellery, Coins, Bars, ETF’s Bonds etc. In this article, we’ll explain the levy of gold on each of these forms. Tax on sale of Gold Jewellery, Coins, Bars etc The physical gold...
Do you have a bank account? If your answer is yes, then this article is for you. In general, individuals have a saving bank account wherein you have the flexibility to deposit and withdraw funds at your convenience and you...
Gold has been a tradition in India for decades. Be it for investment, or gifting or buying for oneself, gold is usually the first and the most esteemed choice. Also before buying gold we tend to do our research in...
ULIPS stands for Unit Linked Investment Plans and is an Insurance cum Investment Plan. The Premium paid is invested in Equity, Debt and Money market instruments and the person opting for a ULIP Plan not only gets the benefits of...
GST on Ads is levied at the following rates Digital Media – 18% Print Media – 5% GST on Ads on Mobile, Website, Apps etc GST on Ads on Mobile, Website, Apps or any other Digital Media platforms is levied...
GST has been introduced in India with effect from 1st July and it subsumes several indirect taxes like VAT, Service Tax, Excise Duty etc. All expenses on which these indirect taxes were levied earlier have been replaced by GST with...
Fixed Deposit is one of the best options for earning secured fixed income. It’s not only safe but is also easy to create and break providing proper liquidity to the depositor. However, FD suffers from one major drawback i.e. it...
A lot of people try to act smart and divert their own income in their wife’s name so as to reduce the tax burden. People normally do this if the wife is not working or is in a lower tax...
To reduce the burden of compliance of small taxpayers, the govt provides for a scheme of Presumptive Taxation which is very easy to understand and comply with. Under the scheme of Presumptive Taxation, the small taxpayers are not required to...