Buy phone, car through flexi benefits plan route for extra saving

It is April—that time of the year when salaried employees look forward to their annual appraisals…

Why accurate investment declaration is important

In April every year, one tradition remains constant – employees finding their inboxes swamped with requests…

CBDT Signs Record 125 Pacts To Ease Tax Payments By Big Multinational Firms

With this, the total number of APAs since the inception of the APA programme has gone…

Will my foreign consultancy fees be taxed?

After serving abroad for 32 years, I returned to India in 2023. Can I accept foreign…

No home loan or HRA? The old tax scheme may not be right for you

Individuals should make the choice between the two schemes depending on the one that offers the…

Are NRIs allowed to take loans from their siblings in India?

I am a non-resident Indian (NRI) living in Germany. I have recently sold an immovable property…

Tax implications for joint property owners

My wife and I are joint holders of two properties (one being self-occupied and the other…

Will opening a firm in Dubai have tax impact?

If an Indian individual incorporates a company in Dubai for merchanting trade, will it have any…

Can I get TDS relief with form 15H?

I am a senior citizen and my income is between ₹3 lakh and ₹5 lakh. Will…

What is the taxability for inherited assets?

I inherited ₹20 lakh in cash and two house properties. Subsequently, I gifted ₹10 lakh in…