Income Tax

tax-on-rent-nri

Should NRI opt for Lower Deduction of TDS (Practical Analysis)

Whenever an NRI receives any payment, TDS is required to be deducted on such payments. The person who is making the payment to the NRI deducts some amount (technically called… Read more

TDS on Sale & Purchase of Property by NRI [Complete Guide]

Whenever any property is purchased/sold, TDS is required to be deducted. The buyer when paying the amount to the seller will deduct some amount (technically called as TDS) and pay… Read more

Understanding the difference between CIBIL score and CIBIL report

The Credit Information Bureau (India) Limited or CIBIL is one of the 6 registered Credit Bureaus in India that collects and stores your credit information. A customer’s information concerning loans… Read more

Rules to follow before buying stocks in intraday trading

Online share trading can be tricky. This holds true especially if you engage in intraday trading, where decisions have to be made quickly. Traders need to know the ins and… Read more

5 time proven Financial Planning Tips (with Bonus Tip)

Everyone wants to be rich. But, how many of them actually make efforts to get rich? And just by earning a lot of money, you’ll not get rich. You’ll also… Read more

Double Money

Investment options for working women in their 30s

If you are a woman reading this, you have come a long way from being dependent on others to do things for you. If you are a man reading this… Read more

Tax on Income from KBC, TV Shows and Online Gaming

The fact that people can earn money by participating in Game Shows has been a crowd puller in India for the past many years. It started with KBC where the… Read more

How is your Personal Loan eligibility determined by the lenders?

Personal Loan is a loan which can be used for any purpose. There is no pre-defined purpose for which the loan is being approved and the borrower can use it… Read more

long-term-capital-gain

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

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