Tax Deductions For Disabled Individuals - Section 80U
Under this section, (Section 80U) an individual gets the deduction, if an individual is suffering from certain disabilities. The deduction can be claimed if an…
Taxation On Foreign Equity
Taxation On Foreign Equity As per the FEMA Scheme, individuals of India are allowed to remit up to Rs.90 lacs in each financial year transactions of permitted current…
Best Options Under Section 80C To Save Taxes
A detailed description of how to save your taxes using options provided under Section 80C. What is 80C deduction? This deduction is allowed only to Individual or…
ELSS Versus ULIP - A Comparison
Here is a detailed comparison between ELSS and ULIP: Equity Linked Saving Scheme Equity Linked Saving Scheme or ELSS is a well known tax saving mutual funds scheme…
National Pension Scheme Guide
National Pension Scheme ( Section 80CCD) Deduction under this section applies to all the individuals who are employed under an employer. This Section provides the…
Exemptions Under Section 54
Exemptions under section 54: Section 54 Section 54B Section 54D Asset transferred residential house Agricultural land Land and building for industrial undertaking…
Taxation Of Equity Shares
Let’s discuss about taxation of equity shares. There are Different types of Equity shares dealt under these provision which are as follows Bonus Shares: The additional…
What Is Form 16?
Form 16 helps in filing ITR, which can be done without the help of Chartered Accountant; it is especially beneficial for those who are on a payroll. Understanding…
A Guide To Form 26AS
Form 26AS is an annual statement which contains details of TDS, refunds associated with a PAN in a particular financial year. It can help you in the process of return…
All You Need To Know About House Rent Allowance
India is set to become the youngest country by 2020 which means a large percentile of this population will move to and from cities in search of better employment…
10 Ways To Save Tax In India
In this VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) world, to save tax is not difficult as it was; there is many ways to accomplish this. “The…