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Category: Income Tax

Income Tax

CRYPTO TAXATION IN INDIA: EVERYTHING YOU NEED TO KNOW!

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Is Crypto Taxed in India? 💸 Yes, Virtual Digital Assets (VDAs), including cryptocurrencies like Bitcoin and Ethereum, as well as NFTs, became taxable in India... Continue reading

Admin

01 Jul

Income Tax

ONE WALLET, MANY FACES 🕵️‍♂️The Clubbing of Income Chronicles!

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Introduction to Clubbing of Income In a world where taxpayers try to outsmart the taxman by shuffling income like a deck of Uno cards, the... Continue reading

Admin

01 Jul

Income Tax

TURN LOSSES INTO WINS: A SMART TAX STRATEGY

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Transforming Losses into Opportunities Profit and loss are two sides of the same coin. While experiencing losses can be discouraging, they don’t have to... Continue reading

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30 Jun

Income Tax

Navigating India’s Tax Terrain: A Comparative Guide to New vs. Old Tax Regime

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💼 Income Tax Comparison: Old vs New Regime (u/s 115BAC) Particulars Under Optional Tax Regime (Old) Under Default Regime u/s 115 BAC... Continue reading

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30 Jun

Income Tax

TAX RETURNS APPLICABILITY AND DUE DATES

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Confused whether you have to file the return or not? Here is everything you need to know… 📌 TAX RETURN APPLICABILITY Any person has to... Continue reading

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30 Jun

Income Tax

MAJOR REFORMS IN DIRECT TAX AND TDS

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📌 Applicable TDS Rates (FY 25-26) Section About TDS Rate Threshold Limit 192 TDS on salaried payments Normal rate of tax Basic exemption limit... Continue reading

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30 Jun

Income Tax

Provident Fund and its Taxability

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💼 What is PF? Employee Provident Fund (EPF) is a retirement benefits scheme regulated by the Employees’ Provident Fund Organization (EPFO). It requires both employees... Continue reading

Admin

30 Jun

Income Tax

Advance Tax

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💰 Pay as you Earn Advance Tax The scheme of advance tax requires every Assessee to estimate his current income and if tax liability on... Continue reading

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30 Jun

Income Tax

🔹 Change in LTCG and STCG rates: –

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📌 Have you sold any shares or equity-oriented fund? Here are the applicable tax rates. 📊 Long-Term or Short-Term Capital Gains depend on how long... Continue reading

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25 Jun

Income Tax

Section 24 Income from House Property

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Have you rented any house property? Here’s how tax is calculated. 📌 Basis of Charge Income is taxable under the head ‘House Property’ if it... Continue reading

Admin

24 Jun

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