Tax, Investments and Retirement

Ways through which the tax department is monitoring your high-value transactions: 1) Your bank will inform the tax department if you have deposited cash, made a demand draft or fixed dep...

Why the interest rates can not be set at retail consumer price index plus 3 % so that there is real rate of interest of 3% irrespective of inflation?

Which one is to follow, Form 16 or 26AS or my own calculation? Apparantly both form 16 and 26 AS shall show same data. But queer things happen with my pension banker SBI. Every year it shows l...

I am a govt pensioner with interest income. I also get about 7/8 thousand p.a from share dividend which is in the exempt income catagory. Can I file my return in ITR 1? If not which ITR form? What ...

I am a senior citizen(64 years) and my all income is through interest from bank FDs and savings account interest. I do not get any pension. Annual interest amount comes to more than 3 lakhs. Banks ...

I have made a short term capital gains of Rs. 5605/- . Quartewise breakdown is Q1 1246,Q2 -1626 and Q3 5985. I am unable to reflect the same at Sl. No. F of Sch CG in ITR 2as - ve figures are not a...

On 25 May 2016 I tweeted a message to PM given below: PM @narendramodi Burre Din for 10 crore senior citizens who are not Govt Pensioners interest rates reduced small savings 11:58 ...

There is urgent need to delink Small Savings Interest Rates from other interest rates which are expected to change with every announcement by Reserve Bank of India changing the Repo Rate. As c...

Is the Interest on NRE Fixed Deposits taxable during the 2 year period that a Returning NRI has the status of 'Resident but Not Ordinarily Resident' (RNOR). I would really appreciate guidance ...

My Mother had purchased flat in Delhi in 1980 for 2 lakhs and she expired in 2011 leaving her will in my name and my brother as successor. The flat was sold by us in 2015 for 75 lakhs. Please guide...