If extra tax has been paid on inflated income, only a 'bona fide mistake' will get refund.

At present, there is no income tax for people earning less than Rs 1.5 lakh as annual...

Such capital gain can be exempted by availing the benefit available under section 54 or...

The Central Board of Direct Taxes has clarified that employees are not to be taxed when...

Buying a new flat by selling an old one allows you to get tax exemptions, but there are...

With a slew of measures for mutual fund investors, Sebi has regulated that Selling of...

The Income tax Act, 1961 contains several provisions which can serve as tools for...

Saving tax through Ulips will lead to mixing of insurance with investment.

PPF is a good instrument for investors as it allows flexibility and tax benefits.

Making a proper will at an early age ensures that there are fewer people challenging it...

Surveys suggest that while most women do not invest themselves, they have the ideal...

A husband-wife team with incomes from two separate jobs can take advantage of the tax...

So give her the financial support, transfer your wealth to her and make investments in...

For a non-Indian resident, any income earned and received outside India is not taxable...

After sale of original property, you need to either buy a flat or construct a house....