The Finance Act 2018 has made amendment in taxation of LTCG on shares and securities. The taxation on LTCG on equity share and units sale will be as under: 1.Continue Reading
Presently, dividends received on investment in equity funds are tax-free in the hand of the investor. The current Budget proposes to abolish dividend distribution tax (Presently paid by the AMCs)Continue Reading
— FY 2018-2019 — Dear Tax Payer, Read till the end to make the most of your 80C, 80D and other tax benefits One can save a few thousands by claiming the fullContinue Reading
Income Tax Slabs and Rates For Individuals tax payers and Hindu undivided Family (HUF) Total Income Slab Continue Reading
PPF (Public Provident Fund) is one of the low risk, tax saving, investment option available that may be suitable for many. PPF investments have a lock-in-period of 15 years. CurrentlyContinue Reading
ELSS (Equity Linked Savings Scheme) is a diversified equity mutual fund. It is one such investment option that provides tax saving benefits along with higher growth potential over time comparedContinue Reading
No one ever anticipates needing a life insurance, but unexpected may happen. So, having a Life insurance is always a good idea when you have financial obligations – like aContinue Reading
With the start of new financial year 2018-2019, though the income tax slab remains the same as previous financial year, we have some new income tax rules coming into effect.Continue Reading
Mutual funds has the potential to give you inflation beating returns. Let’s understand the income tax you have to pay on gains from mutual funds. 1. A mutual fund schemeContinue Reading