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The savings from our regular income are invested by us in financial instruments for earning interest income. The most popular of such...

Last Chance to Escape Income Tax Notice (Fin. Year 2018-19) The Income-tax Department has launched an e-Campaign to boost voluntary...

Life Insurance Policy and Income Tax Once we start working and provide for our family, life insurance comes along as a necessity. Many of...

Buy House with A Spouse! TaxBuddy explains the tax benefits of having a spouse as co-owner of a house. The joint ownership of your house...

10 FAQs on House Property Income 01. What is the meaning of “Income from house property”? Income from house property means the income...

How to compute Income from House property? If you own a house property like flat, bungalow, shop, commercial gala etc. you may need to...

10 Frequently Asked Questions (FAQs) on Income tax and salary 01. What is Form No. 16? While paying salary to you, the employer deducts...

Taxation of ESOPs: Recent Changes Allotment of ownership stake or shares to the important employees of an organization has become a...

Government notifies Cost Inflation Index (CII) for F Y 2020-21 at ‘301’ As per the Income-tax Act, the Central Government is empowered to...

Modification of Pradhan Mantri Vaya Vandana Yojana (PMVVY) by LIC of India The Life Insurance Corporation (LIC) of India has introduced...