Income Tax

The Public Provident Fund (PPF) is one of India’s most popular long-term savings-cum-investment instruments; it provides tax-free returns and acts as a safe vehicle for wealth accumulation and retirement planning. You have to repay it with a small interest, and it helps avoid taking outside loans. PPF paying for company for employers are every month […]

Many salaried individuals and pensioners in India often find themselves in situations where they receive arrears or advance payments due to delayed salary hikes, retrospective promotions, or pension revisions. These payments can push the taxpayer into a higher tax bracket for that year, increasing their tax liability significantly. To address this, the Income Tax Act […]

The Union Budget 2025, unveiled by the Finance Minister, introduced several policy measures aimed at streamlining the tax regime, improving transparency, and promoting compliance. One area that drew notable attention was the real estate sector, especially regarding Tax Deducted at Source (TDS) under Section 194-IA of the Income Tax Act. These changes are significant for […]

Buying or selling immovable property is a significant financial transaction and, in India, it also carries specific tax obligations. One of the most critical components of this transaction is the Tax Deducted at Source (TDS) under Section 194-IA of the Income Tax Act, 1961. Over the years, the government has introduced various amendments and notifications […]

As the financial year comes to a close, taxpayers are busy reviewing their investment declarations, computing tax liabilities, and ensuring that all compliances are in order. Overlooked yet critical area for property buyers is TDS (Tax Deducted at Source) compliance under Section 194-IA of the Income Tax Act. If you’ve purchased immovable property (other than […]