Tax Planning Articles
How to invest in 54 EC capital gain tax exemption bonds online in 4 steps
Here is a guide that will tell you how you can apply online for 54EC CGTE bonds and pay through net banking / debit card either through a broker, or directly
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Income tax returns can now be filed till November 30 for FY20
Deadline for investments to save tax extended to July 31, 2020 while due date for linking PAN with Aadhar extended to March 31, 2021
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4 things to know about TDS on your income before you opt for alternative income tax regime
An Income Tax Department circular released on April 13 gives the detailed guidelines as to how you as a tax-payer can opt for the alternative regime that promises lower taxes, but at a cost
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Here are 3 taxation changes from April that will impact mutual funds
Taxation of mutual fund dividend, TDS on dividend, and taxation treatment of segregated MF units would undergo change from April 1
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Your PAN will become inoperative after March 31 if it is not linked with Aadhaar
Till January 27, 2020, over 30.75 crore PANs were linked to respective Aadhaar. However, 17.58 crore PANs are yet to be linked with the 12-digit biometric ID
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Forget tax exemptions, you still need these investments for your financial well-being
The new tax structure can be availed if taxpayer foregoes exemptions and deductions, but does that mean you shouldn’t make those investments?
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How to still enjoy dividend benefits even as dividend tax liability gets shifted to recipients
A few ways that investors can use the dividend cushion for their portfolios even as Budget 2020 shifted the burden of tax on dividends to receivers from payers
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Budget 2020: ESOPs taxation get a breathing space
Start-ups need to qualify under Section 80-IAC of the Income Tax Act to avail of the taxation relaxation for its ESOP holders
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Budget 2020: Tax liability on properties sold below circle rate eased
No additional tax liability arising out of a transaction where the difference in the actual transaction value of the property and the circle rate is lower than 10%; earlier this was up to 5%
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Budget 2020: TDS of 10% on your mutual fund dividends from April 1; clarifies on cost and holding period for segregated units
Tax will be deducted at 10% for dividends above Rs 5,000 in a year received by an MF investor; Budget also clarifies on taxation of segregated units
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