TDS on Property purchased on Loan – EMI Payments

With effect from 1st June 2013, TDS is required to be deducted @ 1% on all payments made for purchase of property. This TDS is required to be deducted on purchase of all properties which are more than Rs. 50...

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What is Bulk Deal and Block Deal on BSE & NSE?

Trades of a large no. of shares or high value of shares conducted on BSE/NSE are categorised as Bulk Deals/ Block Deals. These trades are different from the normal trades which are done on BSE/NSE as such trades involve huge...

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Capital Gains Tax on sale of Bonus, Right & Split Shares

At the time of sale of shares, Capital Gains Tax is levied depending on the nature of the capital gains. If the Capital Gains are Long Term in Nature, tax on such gains would be levied @ 10% from Financial...

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5 ways to save Money while renewing Car Insurance

Car Insurance Policies are usually issued for a period of one year, after which they are to be renewed to continue the policy for another year. As car insurance is mandatory by law, it is essential for every car owner...

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10% Long Term Capital Gains Tax on Sale of Shares & MF: Budget 2018

Budget 2018 Update: 10% Long Term Capital Gains Tax on sale of Shares and Mutual Funds held for more than 1 year.  ———————————- Capital Gains Tax on sale of shares/mutual funds is levied based on the nature of the Capital...

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Yes Bank grows more than 2800% in 7 years, launches New Website

Rs. 3.6 Lakhs invested in shares of Yes Bank in 2009 is worth more than 1 Crores in 2016. This is the staggering growth which Yes Bank has seen in the past 7 years. This indeed is one of the...

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Tax Benefits of Personal Loan allowed in 3 Cases

Personal Loan is one of the easiest loan to avail and can be used for any purpose. For availing a personal loan, banks ask only for very few limited details and very easily give this type of loan. Although this...

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NASBA launches Experience Verification Service for CPA Applicants

To apply for a CPA License, an applicant is required to clear all the papers of uniform CPA Exam as well as have 1-2 years of relevant work experience. The work experience required to apply for a licensure varies from...

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ITR Form: Which Income Tax Form should you submit in 2016?

ITR Form have been released by the Income Tax Department for Financial Year 2015-16 i.e. Assessment Year 2016-17. There are different ITR Forms (Income Tax Forms) for Different categories of taxpayers and the same has been explained below. Each type...

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How to e-file ITR 6 in 2016? Download Excel & Java Utility

Different Income Tax Forms are applicable for different types of taxpayers and the companies registered in India are required to file their Income Tax Return in ITR Form 6. All companies are required to file their Income Tax Returns in...

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