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.......
This will bring down capital gains especially in case of property transactions, reports Priya Nair from Mumbai. Capital gains on sales of assets such as property and gold will decline after the......
NRIs can only exchange or deposit old notes in India.For deposits over Rs 2.5 lakh, they can get a notice requiring them to disclose source of funds and/or file returns, reports Tinesh......
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product. Image: Discrepancy between the budget......
If you receive an email claiming to be from the income tax department that there's an outstanding tax demand that you need to pay immediately, don't get alarmed.Get cautious, advises Tinesh......