Capital gains exemption benefits are available under Section 54 and 54F of the Income Tax Act. Individuals, however, need to be aware of the conditions attached to these provisions, suggests Archit Gupta, founder and CEO, ClearTax.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
Archit Gupta -- founder and CEO, ClearTax.com -- lists common mistakes and how to avoid them for filing a hassle-free income tax return.
Archit Gupta on how can you maximise your savings and reduce your taxable income.
Archit Gupta on how can you maximise your savings and reduce your taxable income.
...for others it would be an incentive to participate more robustly in equities and other tax instruments.
Build trust and confidence and do not pass on your powers in haste. Once the document is ready, go through it and understand thoroughly the powers that you are going to delegate.
Which one of these expectations do you think will actually materialise, come February 1?