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 amount received under a Will or by way of inheritance...
Debt Mutual Funds vs Equity Mutual Funds Read More
A Mutual Fund is a professionally organised fund which collects money from the public and then invests this money in those instruments for which it has raised funds. There are many types of Mutual Funds, but the 2 most popular...
What are Debt Funds? Debt Fund vs Fixed Deposit? Read More
Debt funds have become very popular in the past few years and many people had started shifting funds from Fixed Deposit to Debt Funds as the tax levied was very levy low on Income from Debt Funds as compared to...
Tax on Debt Funds/ Bonds/ Debentures: Computation with Examples Read More
With Debt Funds, Bonds & Debentures getting popular among the investors, and investors starting to shift from Fixed Deposits to Debt Funds, tax on debt funds/ bonds/ debentures is something that needs to be understood before making investments in a Debt...
Capital Loss: Treatment for Income Tax purposes Read More
At the time of sale of any Asset, if a Short Term/ Long Term Capital Loss arises to a taxpayer; this loss is allowed to be set-off in the same year against other incomes. However, if this loss is not...