Capital Gains Tax on Property Sale
Profits earned from selling a property are liable to capital gains tax. When a property is sold within two years of purchase, the profit is treated as short-term capital gain…
Sovereign Gold Bond (SGB) 2025: Issue, Premature Redemption, Interest Rate & Dates
Sovereign Gold Bonds (SGBs) are a secure and convenient gold investment offered by the Reserve Bank of India (RBI). Compared to physical gold, SGBs provide multiple advantages, making them a…
Direct and Indirect Taxes in India – Types, Benefits, Drawbacks & Rates
A tax is a mandatory charge collected by the Central and State Governments from individuals and businesses to meet public expenditure and sustain economic growth. Taxes are broadly categorized into…
Income Tax Audit under Section 44AB – Criteria, Audit Report, Penalty
Under the provisions of the Income Tax Act, 1961, certain persons are required to have their books of accounts audited before submitting their income tax return. Businesses and professionals whose…
Which ITR to File in FY 2024-25? Types of ITR Forms and Their Applicability
The Income Tax Department has specified different ITR forms for taxpayers based on their income sources, residential status, income level, and legal category (individual, firm, company, etc.). What is ITR?…
Section 44ADA – Presumptive Tax Scheme for Professionals
Did you know that professionals like doctors, lawyers, interior designers, freelancers, and others can be taxed on only half of their professional income? To make tax compliance easier for such…
How to Get PAN Card Acknowledgement Number & Download
A PAN (Permanent Account Number) card is a vital document required for various legal and financial activities. It also serves as a valid proof of identity, making it essential for…
Tax on Dividend Income: Do I Need to Pay Tax on Dividend Income?
For equity investors, dividends are another source of earnings apart from capital gains. These dividends are taxable in the hands of the investor, not the company. They must be reported…
Difference Between Money Market and Capital Market
The Indian financial system consists of two key segments: the money market and the capital market. The money market addresses short-term liquidity requirements, while the capital market provides a platform…
Indexation: Meaning, Benefits, Calculation and More
Indexation refers to adjusting the impact of inflation on the value of an asset or transaction. In the context of income tax, it means recalculating the cost of an asset…
- Go to the previous page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- …
- 25
- Go to the next page