The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...
LIVE: Finance minister brought cheer to the middle class, making income up to ₹12 lakh tax free in the Union Budget 2025.
Experts say there exists many flaws, glitches, etc with the e-filing ITR portal. Although these issues might seem small but collectively these add up to a bigger grievance. For example: When a notice ...
Effective April 1, 2023, the indexation benefit for long-term capital gains (LTCG) on debt mutual funds was removed, and gains were taxed according to the individual's income tax slab rate. Since then ...
Popular options include Equity-Linked Savings Schemes (ELSS), Public Provident Funds (PPF ... Latest Update on the Pay Later Option for Income Tax Filing The Income Tax e-filing portal has recently ...
1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act ... of the Scheme will be achieved." The Navi ELSS Tax Saver Fund Regular Growth has an AUM of 62.40 crores ...
There are other investments that one can make to reduce their tax outflow, while these may not bring remarkable returns. The Equity Linked Savings Scheme blends the best of both these goals. ELSS is ...
Today, we look at two giants in the Triple Net REIT space. Both provide strong income to shareholders. We love income; we aim to maximize it. Looking for more investing ideas like this one?
One of the major reason for ELSS being most popular investment is that it is one and the only mutual fund investment which is eligible for tax deduction under section 80C of the Income Tax Act. ELSS ...
That will remain the same for tax year 2025 (filing in 2026), but the IRS adjusts the income range for each bracket annually to account for inflation's impact on salaries. Depending on how much ...
Tax savings tools: Equity-Linked Savings Schemes (ELSS), also known as tax-saving mutual funds, present the opportoffer investorsor higher returns while also offering tax advantages for investors.