The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner, reports Dilasha Seth/Business Standard. As rumours did the rounds that the......
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors. Image: NPS will become an attractive avenue for retirement savings than it was earlier.......
Most of the changes rationalise earlier rules The income tax department recently changed the regulations that require individuals to quote their Permanent Account Number for certain......
Life to be easier for those with one property and no capital gains, as well as NRIs, expatsIf you have capital gains or foreign assets or are seeking treaty benefits, you will have to file detailed......
Returns on investments received by a housewife will be taxed; parent or spouse gifting an asset will usually need to pay tax and a minor's income is clubbed with parents', with some exceptions.......