Category: Income Tax

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...

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...

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...

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...

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...

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...

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...

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...

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...