Income Tax

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

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

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How is Tax levied on Rent from Vacant Land?

Many a times people earn income by letting out their vacant land. It could be monthly rental income or a one time income by letting it out for an event… Read more

How I stay updated with the latest Tax Laws and you can too

The day I qualified my CA Exams, I was on 7th heaven and very confident that clients would soon start coming to engage me for my services and there would… Read more

What is a child plan? How it works?

A child plan is a tailor-made investment cum insurance option to meet the financial needs of a child. In a child plan, there are two components– insurance and investment. The… Read more

TDS & Tax Refund for NRIs (Simplified)

The Indian Tax Laws are very harsh when it comes to NRI’s. Any payment made to NRI is required to be made after deduction of TDS even if his income… Read more