Real estate, or property, is one of the one of the major asset classes people the world...

Under the provisions of Section 56(2)(vi) certain gifts are liable to income tax as...

The biggest tax advantage of investing in mutual funds is that the entire income...

There will be zero Income Tax on income of Rs. 11.20 lakh (Rs 1.12 million)....

The object of AIR is to identify large financial transactions in respect of certain items.

Here are some of the important items of income, which are fully exempt from income tax...