TDS on Sale of Property is levied @ 1% on transaction of all properties where the total transaction value is more than Rs. 50 Lakhs. The manner of levy of TDS on Property has been explained in detail in this...

A Large No. of NRI’s settled abroad now own property in India and many of them have even given such properties on Rent. In this article, we would be focusing on the levy of Income Tax on Rent received by...

As per the provisions of the Income Tax Act, TDS is required to be deducted at the time of making any payment. This TDS is deducted by the person who is making the payment and is required to be deposited...

The Financial Year 2020-21 is about to come to an end. People who have not done their tax saving investments yet must complete it before 31st March 2021 to be eligible to claim tax deductions. Although the government allows a...

If a person wants to trade/invest in securities, the only pre-requisite required is that they should have a Demat & Trading Account. Without a demat& trading account, a person cannot trade/invest in shares and this is the only thing required...

Online Stock Trading in India started around 15-20 years back but in the last few years has picked rapid pace. More and more people prefer to do online share trading through app/ website as compared to going through the traditional...

To give a boost to the declining interest in fixed deposits of retail investors, the Finance Ministry in the year 2006 announced that all Fixed Deposits with a maturity of not less than 5 years shall be eligible for deduction...

An insurance policy is more than an investment for an individual. It is a symbol of assurance for the family of the individual that they would be well taken care of in the unfortunate event of an individual’s death. And...

A Demat account stands for Dematerialisation Account and is a digital account wherein financial investments like Equity Shares, ETF’s, Bonds, Debt Securities, Bonds etc can be held in Digital Format. If a person purchases any of these financial investments –...

Certain diseases like Cancer, Paralysis are so fatal that no cure have been found for them till date and therefore they remain for a lifetime. Such diseases not only lead to steep medical expenses but also lead to loss of...