Tax Planning News
Why you must defer property sale from March to April
Those due to sell property in March should consider deferring the sale to April to optimize advance tax payments and reinvestment planning that helps avoid paying capital gains tax.
3 min read11 Mar 2025Are You Selling Your Mutual Funds at the Wrong Time? Discover the Expert Strategy to Maximise Gains!
Mutual funds in India have seen significant growth, with AUM rising from ₹10.90 trillion in 2014 to ₹68.08 trillion by 2024. Investors must strategically time their exits based on financial goals, tax planning, performance, fund strategy changes, and portfolio rebalancing.
4 min read10 Jan 2025How to plan your retirement with a SWP
A Systematic Withdrawal Plan (SWP) enables retirees to withdraw a fixed amount from mutual funds at regular intervals, providing a steady income while maintaining tax efficiency. It allows for flexible adjustments to withdrawals based on financial needs, ensuring sustainability during retirement.
3 min read19 Dec 2024Navigating - and optimising - the three phases of wealth creation
Wealth creation is a lifelong journey, not a destination. Each phase requires a unique approach and mindset.
3 min read3 Oct 2024Unlocking tax benefits for NRIs
Lower or nil TDS certificates help NRIs sell immovable property in India while allowing them to reduce or eliminate the TDS deduction on the sale proceeds.
3 min read22 Apr 2024Buy phone, car through flexi benefits plan route for extra saving
Flexible Benefits Plan (FBP), though, is available only under the old tax regime, which allows an individual to claim deductions and exemptions under various sections of the income tax Act.
5 min read22 Apr 2024Tax evasion vs tax avoidance: How are the two different?
Tax avoidance is entirely legal and entails leveraging loopholes, deductions, exemptions, and credits permitted by the tax code to reduce your tax obligation. Conversely, tax evasion is unlawful, involving intentional deception of tax authorities to evade paying owed taxes.
3 min read31 Mar 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared