Top 5 Changes in Union Budget 2022 That You Must Know Every year on Feb 1, we all eagerly wait for the Budget speech with the expectation that the finance minister will announce some tax breaks. Budget 2022, was a disappointment on that front a...
How to File Income Tax Return (ITR) for Mutual Funds on New Tax Portal This article is written by Tarun Kumar, Chartered Accountant and direct tax head at Coherent Advisors. Rahul Oberoi is a salaried person and used to file ITR-1 on his own. However, he has...
5 Most Common And Avoidable Tax Saving Mistakes In 2006, Morgan Stanley’s advertisement on tax-saving showed a catchy line, “You must pay taxes. But no law says you have to leave a tip.” The ad highlighted the importance of not igno...
How Capital Gains Tax Rules Work for Different Investments in India The primary goal for investing in any asset is to generate a profit by selling it after its value appreciates. But, these profits are not always tax-free. The Income Tax Act specifies the va...
14 Common Tax Filing Mistakes You Must Avoid Every year around the months of July and August, Chartered Accountants and Tax Consultants start doing brisk business. It is, after all, the season for filing Income Tax Returns (ITR) in Ind...
Should you Invest in a Second Home? “Home loan interests at a 15-year low”- is one the most lucrative headlines of recent times. As India saw new lowest records being made with the housing loan interest dropping to as low ...
7 Things To Do At The Start Of The Financial Year [2022] Rahul, a 32-year old working professional, is glad that the March madness is behind him. With April 1 marking the start of the new financial year, Rahul now has a new year ahead of him to me...
When You Shouldn’t Invest in ELSS Funds This article is written by Amit Grover, Head- Learning & Development, DSP Mutual Fund. 1. If your investment horizon is only 3 years. ELSS fund has the shortest lock-in period among al...
How to Use Your Tax-Saving Investments to Become a Crorepati The TV show Kaun Banega Crorepati hosted by Amitabh Bachan has been a runaway success since its very first season debuted in 2000. In fact, this show is so popular that during its recent sea...
Old Income Tax Regime Vs New: What Should You Opt in 2022? "Be careful what you wish for, there's always a catch". - These words by Laurie Halse Anderson aptly apply to Indian tax payers today. In this article New Tax Regime Old ...
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