Tax, Investments and Retirement

For almost 70 years that the Union Budget had been totally ignorant about one major fact. The distinction between the public sector and private sector employees in supervisory positions and above. ...

We the Senior Citizens were very much hopeful in NDA Government for our day to day life. We have worked hard to say Good-Bye to UPA Government. We have been hurt badly by wrong decision to cut...

Small savings scheme rates cut by 10bps. The rate of interest for the third quarter for 5-Year Senior Citizens Savings Scheme and 5Year National Savings Certificate has been reduced to 8.5% and 8%,...

Is PF amount when drawn on retirement taxable?

Can NRI get 0 TDs certificate from income tax department after selling his property in India

I would like to know if Medical Surgery Receipts can be used to claim taxes. How much is the maximum limit that can be claimed? Are they different from Medical Reimbursements claimed on tax paid an...

Will the interest accrued every year is eligible under 80C as per NSC for the 5yr tax saver FD? Is the interest to be shown every year as income or may shown at the end of maturity

I want to deposit an amount of Rs.80000/ with tax saving benefit. Which is better NSC or Tax Saver FD? Also shall I deposit the amount in one or split into two? Please clarify

Finding real names behind nameless investments in real estate is a difficult task. After the amendments to the Benami Act, the penalty for entering into benami transactions is rigorous imprisonmen...

The normal tax rates applicable to different types of taxpayers. The tax rates discussed in this part are applicable for assessment year 2017-18 i.e. financial year 2016-17. Normal tax rates a...