Category: Personal Finance

Ever since the Modi government announced the ‘Housing for All by 2022’ mission, affordable housing has managed to grab eyeballs from the industry stakeholders. With global economic meltdown, it won’t...

Indian property market has always been lucrative for non-residents. However, there are certain norms and restrictions that these individuals need to follow. Non-residents could be broadly classified into: Non-Resident Indian...

Arbitrage Mutual Funds have started gaining lot of popularity since 2014 and have become the “Apple of Investor’s eyes” who are seeking a risk free return on their investment. In...

Inheritance Tax (also referred to as Estate Tax) is a tax which is levied at the time of inheriting any asset. Inheritance Tax is not levied in India as any...

Form 15G & Form 15H are self-declaration forms required to be furnished by the Assessee to his Banker for Nil Deduction/Lower Deduction of TDS on Interest on Fixed Deposit/ Recurring...

Section 80CCC was introduced so as to encourage taxpayers to invest in Pension Funds and secure their future. Section 80CCC provides for Income Tax Deduction for contribution to Pension Funds...

When you have a lump-sum amount to invest, it is always advisable to invest in Fixed Deposits. But when you don’t have a lump-sum amount to invest, and can save...

Section 80D provides for tax deduction from the total taxable income for the payment (by any mode other than cash) of medical insurance premium paid by an Individual or a...

Income Tax Act provides for various deductions under Chapter VI-A for Contribution to Pension Plans. These Deductions are available under Section 80C, Section 80CCC & Section 80CCD and can be...