Income Tax

When you sell a house, plot, commercial property, agricultural land, jewellery, shares, or another capital asset at a profit, you may have to pay capital gains tax. However, the income tax law allows taxpayers to reduce or even save this tax by reinvesting the capital gain or sale proceeds in specified assets. Therefore, proper tax […]

Introduction Income Tax Return filing becomes easier when you know your correct due date in advance. However, the filing deadline does not remain the same for every taxpayer. Your deadline depends on your income sources, applicable ITR form, audit requirement and whether transfer-pricing provisions apply to you. For income earned during Financial Year 2025–26, taxpayers […]

Living abroad does not always end your tax responsibilities in India. Many Non-Resident Indians continue to earn income from Indian sources, such as rent from property, interest from NRO bank accounts, dividends, pensions, business activities, or capital gains from the sale of shares, mutual funds, land, or buildings. Such income may still be taxable in […]

Have you recently sold a property, shares, mutual funds, gold or another investment at a profit? If yes, the profit may be taxable as capital gains under the Income-tax Act. Capital gains tax often appears complicated because the applicable tax rate depends on several factors. You must identify the type of asset, calculate how long […]

Introduction Mutual funds can help you build wealth, but the profit you earn from them may attract income tax. The tax amount depends on several factors, such as: Type of mutual fund Fund’s actual investment portfolio Date of purchase Period for which you held the units Nature of income—capital gain or dividend Therefore, you should […]