There is an overall limit of Rs. 1.50 lakh prescribed under Section 80CCE for Section 80C, 80CCC and 80 CCD (1) taken together. Construction of house has to be completed within three years of sale to be eligible for LTCG...
Mutual fund houses have stepped up their chase for investors as the window for availing of long-term capital gains tax benefits is available only for schemes purchased on or before March 31
The proposed exercise is anticipated to start with the direct tax task force report from 2019.
Five-year tax saving fixed deposits are one of the popular choices for senior citizens because of the dual benefits of tax saving and guaranteed returns. But, there are other factors too which seniors should keep in mind...
The ratio in home loan as well as the ownership ratio gets fixed at the time of payment for the property and cannot be changed later. Purchase of two flats have to be mapped individually against one flat for claiming capital...
The new financial year 2023-24 begins on April 1, 2023, and the changes in the income tax regulations announced by finance minister Nirmala Sitharaman in the Union Budget on February 1, will come into effect immediately from...