Tue, May 15 2018. 10 15 AM IST
Dividend income is taxable in the hands of the registered shareholder irrespective of whether the dividend income is credited to a joint account
Tue, May 01 2018. 08 55 AM IST
An individual is required to file ITR if total income exceeds the maximum amount not chargeable to tax (i.e. Rs2.5 lakh) for FY18
Mon, Apr 16 2018. 07 18 PM IST
Any immovable property held for a period of more than 24 months is classified as long-term capital asset
Mon, Apr 02 2018. 07 15 PM IST
You can continue to claim deduction from taxable income in India for medical insurance premium paid even if you are outside India or qualify as a non-resident in India
Mon, Mar 19 2018. 07 00 PM IST
An ordinary resident in India will be taxable on his worldwide income in India irrespective of where the income is earned
Mon, Feb 26 2018. 04 59 PM IST
Rental income from house property situated in India is liable to income-tax in India
Wed, Feb 07 2018. 04 59 PM IST
Under the income-tax law, interest income from savings bank account paid to a ‘Resident’ is not liable for withholding tax
Mon, Feb 05 2018. 05 45 PM IST
From an individual tax perspective, while there may not have been a dramatic tax rate dip, the momentum in agriculture, rural sector and industry would help in better infrastructure and quality of life
Mon, Jan 15 2018. 05 02 PM IST
If you are able to close the PPF account, under the Income-tax law, any amount received from PPF account is exempt from Income-tax in India
Mon, Jan 08 2018. 05 33 PM IST
The residential status in India is determined basis physical presence in India in the preceding 10 financial years
