Did you receive a gift from your Employer?
Some companies have recently gifted high end smart phones to their employees, while some have i...
Can you claim 80C deduction on under construction property?
Principal Repayments are allowed as a deduction from your Total Income under Section 80C of the Inco...
5 Financial Resolutions you must make for 2015
While financial prudence is never out of vogue, if New Year resolutions are your thing – we bring ...
House Rent Allowance – Taxability & Exemption
First I would like to wish you all “Happy New Year”, may you all have a wonderful year ahead. In...
New Version of TDS FVU 4.5 & FVU 2.141) Whats New
On December 20, 2014, NSDL has released the new version of File Validation Utilities (FVU version ...
Exemptions for Returning NRIs
NRIs who are planning to return to India, enjoy certain tax benefits. If you have been an NRI for 9 ...
Do Minors have to pay Income Tax?
A child who is less than 18 years old is a minor. Do minors have to pay Tax on their Income? Lets ta...
Deduction u/s 80GGA
Deduction in respect of certain donations for scientific research or rural development An assess...
Tax Benefit on Stamp Duty & Registration Charges of a Property
Purchasing a house is certainly an expensive affair. The outgo sometimes empties our bank accounts. ...
Residential Status of Crew of an Indian Ship
The Income Tax Act has laid down a simple definition for residential status for a member of a crew o...