Electoral bonds: What SC verdict means for taxes

On 15 February, the Constitutional bench of the Supreme Court unanimously struck down the electoral bond…

What is the taxation on withdrawal of PF?

I will retire in January 2024. Is it mandatory to withdraw Provident Fund (PF) corpus immediately…

Taxes, inflation and comfort: Why it is absolutely necessary to stay debt-free

I have always advocated financial freedom, the ability to do anything you wish to do in…

Old tax regime continues to be favoured by 63% of taxpayers, says survey

A recent survey conducted by Policybazaar reveals that despite the introduction of the new tax regime…

GST Council raises upper age limit of president and members of Appellate Tribunals

Finance Minister Nirmala Sitharaman with Union MoS for Finance Pankaj Chaudhary, Revenue Secretary Sanjay Malhotra and…

Govt’s GST claims from gaming firms may touch ₹1.5 tn

Projections of such taxation notices come a day after Mumbai-based Sporta Technologies, which runs the popular…

Do minors have to file separate Income Tax Returns? Check details here

Image Source : PEXELS Representational picture of ITR return Age isn’t a reason with regard to…

Understanding the risks in AIFs and PMS investments

A similar thing happened at 360 ONE Private Equity Fund (formerly known as IIFL Private Equity…

How is tax calculated for income earned by NRIs?

I am a Mechanical Engineer living in Doha (Qatar) since last four years. Is my income…

Should I continue with life insurance plans?

I have been buying health and life insurance policies for the past several years just to…