Tag: Capital Gains Tax, Capital Loss, Income Tax, Investments, Long Term, Short term, Tax Loss Harvesting, Tax Planning
Capital loss on investment
A capital loss is the difference between the purchase price and the selling price of any investment, where the selling price is lower than...
Income Tax filing deadline now 10 Jan
After intense lobbying by chartered accountants and tax professionals, the government has granted a fresh extension to those who have not...
Income Tax Form 26AS proposals
Prime Minister Narendra Modi launched the ‘Transparent Taxation’ platform while announcing multiple reforms to improve tax...
The New 26AS form
While the deadline for filing income tax returns has changed several times owing to the Covid-19 pandemic, it’s not the only change of...
Multiple slabs in tax regime in line with global practice
The government has sought to allay fears over multiple slabs in the proposed new tax regime, which comes with the option of an...
Which tax regime is better?
The budget has proposed an alternate income tax structure. While it has indeed widened the tax slabs and reduced the tax rates, taxpayers...
Instant e-PAN online using Aadhaar
The government has rolled out a facility to issue online PAN cards instantly on furnishing of Aadhaar details…. Individuals can go to...
Budget 2019
The hike in the tax surcharge will affect only super rich taxpayers earning over ₹2 crore. The proposal to raise the...
Which ITR form is right for you?
The ITR forms have been made applicable for FY18-19. The changes and additional information will not only bring more transparency but also...
Income Tax dept revises Form 16
The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received...
