Section 54, 54EC, 54F: Exemption from Long Term Capital Gains Tax
At the time of sale of any Long Term Capital Asset, the Gains are usually very large and are taxed @ 20%. The Resultant Figure to be paid as Tax… Read more
Earn up to 11% by investing in NCD
Maintaining a regular investment regime is crucial in building a solid financial foundation in the long run. However, tactful investment strategies mandate an early start and thorough due diligence. The… Read more
ELSS vs ULIP’s – Which Tax Saving Option is better?
The most popular and beneficial tax saving method adopted by individuals is to make use of the Deductions allowed under Section 80C. Section 80C allows for a deduction of up… Read more
Renewing your bike insurance online: Dos and Don’ts
Buying a bike insurance policy is a simple enough task, but have you tried renewing the policy online? If you haven’t already done so, and the policy is up for… Read more
Things to remember when buying Car Insurance in UAE
If you own a car in UAE, then it is mandatory for you to have a car insurance. Here are the points which you need to keep in mind before… Read more
Benefits of Using Demat Account
The concept of demat accounts was introduced in India in the year 1996. Prior to this when digitalisation was not a norm, shares and securities were kept, issued, and traded… Read more
GST Rate Cuts : How is it going to help small businesses
The Goods and Services Tax (GST) Council, in its 28th GST council meeting, approved rate cuts for several consumer centric items such as cosmetics, refrigerators, washing machines, and small screen… Read more
Tax Deduction for Interest paid on Car Loan
The Interest paid on some types of Loans is allowed to be claimed as an Expense under the Income Tax Act. However, all types of interests are not allowed to… Read more
TDS and GST on Advertisement through Google Adwords
GST @ 18% is levied and TDS @ 2% is deductible on the Google Adwords advertisement expense. It is important to note here that some publishers are advertising through the… Read more
ULIP vs Mutual Fund: Feature Comparison
There has been a debate on whether a unit-linked insurance plan is better than a mutual fund for decades. Now, after the LTCG tax, the insurance companies are highlighting that… Read more
Questions To Be Asked Before Buying Term Insurance
Insurance policies and plans are more than an investment for an individual. They are a symbol of assurance that their loved ones will be well taken care of in the… Read more
1 out of 5 people staying in Urban Areas forced to borrow to cover Hospitalisation Costs reveals study
The costs of medical treatment and hospitalisation costs have been increasing at a very fast pace. They have been increasing at such a fast pace that a lot of people… Read more
Comprehensive Guide on TDS on GST @ 2% (with Examples)
TDS @ 2% is required to be deducted on payment made to the supplier of taxable goods or services of both where the value of such supply under a contract… Read more
Rights of Daughter in Father’s property if he dies without Will
Daughter’s right in her parents property has always been debatable. Earlier, the law prohibited the daughters from inheriting the property of the parents. It was only the sons who were… Read more
How is Home Loan EMI Calculated?
Home Loans have now become an integral part of our lives. The land rates have become so expensive that it is very difficult for any person to purchase real estate… Read more