The Central Board of Direct Taxes (CBDT) dispute resolution scheme, e-DRS, will allow taxpayers to file dispute applications electronically.

The tax incidence of Long-Term Capital Gain (LTCG) depends on factors such as the property’s capital appreciation during the holding period and the acquisition cost of the asset.

In its monetary policy committee meeting (MPC), the Reserve Bank of India (RBI) decided to increase the UPI transaction limits for tax payments to Rs 5 lakh.

In Budget 2024, the government announced that it would take away the indexation benefit that was available earlier while calculating the long-term capital gain tax on assets like property and gold. Will withdrawal of indexation benefits result in an impact on your beneficiaries?

Union Finance Minister Nirmala Sitharaman said on Tuesday that the government wants to make NPS more attractive and flexible while announcing the hike in employers’ contribution to 14 per cent.

Section 80U of the Income Tax Act of 1961 allows differently-abled people to claim tax deductions based on the severity of their disabilities and medical proof.

The deadline to file an income tax return (ITR) is July 31; file your ITR returns on time to avoid last-minute technical glitches on the e-portal site.

Systematic Transfer Plans (STPs) in mutual funds allow the transfer of funds from one scheme to another within the same fund house to provide investors with certain advantages.

Zero-coupon bonds are issued at zero interest at a discount on their face value, and the investor receives a return at maturity.

The sale proceeds from a capital asset can be stored in a capital gain savings account if no reinvestment avenues are immediately available to save tax. Learn more