Tax planning

Tax Planning

August 3, 2017
Tax Friendly CTC for employees

How to design a Tax Friendly CTC for employees

Every year there is appraisal season in all companies and employees are rewarded for their hard work and good performances. Some people switch jobs for change in work profiles and higher pay packages. In either case you must pay attention to the compensation structure being […]
August 1, 2017

Perfect Guide on NRI Income Tax Rules and Policies in India

As a non-resident Indian have you been grappling with the constant challenge of how various incomes would be taxed in your home country and in India? Are your decisions related to remittances, investments, property purchases and rentals marred at the thought of taxes? Though tax […]
July 19, 2017

#BeTheBoss, select the right partner for tax filing this year

We are still a predominantly male dominated society where all matters relating to investments, finances and taxes are taken by men. Patriarchy is evident in all the decisions be it annual investments, realty investments or filing taxes. Times have changed and women are now not […]
June 29, 2017

Tax Exemption on Car Allowances & Expenses Reimbursement

Company offers car expenses reimbursement to its employees if these expenses are incurred for official duties.  Car allowance income tax liability when owned by the employee is based on the purpose of use: private, official or both. Following points will help us understand taxability of […]
April 10, 2017

15 Important Changes in the Tax Laws effective from New Financial Year 2017-18

Just like it does in every financial year, the government has made some major changes in the tax laws. In budget 2017, which came a month earlier this time, several tax related proposals were made & with the passage of Finance Bill in the Lok Sabha, you […]
March 28, 2017
Long & Short of Capital Gains Tax

The Long and Short of Capital Gains Tax

Union Budget 2017-18 came with a slew of announcements for the housing sector, including a key change in the minimum holding period prescribed for a house property to be considered a long-term asset. It has come down to two years from three years earlier. Since the […]
March 24, 2017
Tax Planning for Salaried Employees

Last Minute Tax Planning for Salaried People

In a matter of days, the current Financial Year will come to an end. For a taxpayer, it is the time to evaluate your performance on your investment goals you set at the start of the year. Unfortunately, this is the time of the year […]
March 23, 2017

How to check TDS (Tax Deducted at Source) online?

Any amount deducted from salary is pinch to our pockets. TDS is deducted when the employee receives his salary. Many questions and doubts come to a novice tax payers mind: Is the TDS deducted paid promptly by the employer? How do I reassure that it […]
March 23, 2017
Gift Tax in India

How to Ensure your Gifts are exempted from Gift Tax in India?

In India we express our love and affection through gifts. Brothers gift sisters on Raksha Bandhan. Parents gift their children on every occasion, especially during marriage. Grandchildren are the recipients of loads of gifts from grandparents. We often hear of cars being gifted and homes […]
March 23, 2017

Section 24 – Income Tax Benefit on Interest on Personal Loan

Escalating realty prices have left borrowers struggling for money even to meet the down-payment requirement. If you have resorted to a personal loan to bridge the gap between housing loan and down-payment, then there is a glimmer of hope in terms of a tax benefit. […]