As you know July 31st is the last date for filing your income tax. As a taxpayer, it is a very important activity. Make sure your income tax return is error free. Nowadays, the income tax department is equipped with […]
Taxes
9 posts
India has a population of 1.2 billion, but very less number of people holds PAN card. In India, only about 2% of the population is paying income tax. Despite such a small number, income tax is the biggest source of […]
I like to pay taxes. With them, I buy civilisation. – Oliver Wendell Holmes Jr. In the Union Budget 2018, several tax changes have come into effect. One of them is the penalty on the late filing of income tax returns. […]
As you may be aware that in the union budget 2018, the finance minister has re-introduced Long Term Capital Gain Tax (LTCG tax) on the investment done in stocks and equity mutual funds. As per this regulation, the investor has […]
In India, calculating income tax is one of the most complex tasks for a layman. There are so many salary components which make the task difficult and cumbersome. Before moving forward and do the actual tax calculation through income tax […]
The finance minister has re-introduced long-term capital gain tax on the sale of equity shares and mutual funds in the union budget 2018. Let’s understand how this LTCG tax on shares and mutual fund units will be calculated as per […]
The most asked question in the last week is “how will be the budget this year? Will it bring down taxes?” The common man or salaried people are having high hopes for this budget. Only around 1.5% of the Indian […]
If you are thinking you are earning enough, think again. This article will open your eyes and I am sure you will feel uncomfortable. I will explain to you how much we pay to the government as direct and indirect […]