Tax, Investments and Retirement

Black money window: No relief for offenders reported till June 30 The foreign assets Bill introduced in this year’s Budget provides for criminal punishment for tax evasion; it doesn&rsqu...

If money is with drawn Tax will be deducted . Can a person deposit some amount say Rs 1000 out of own pocket for 3 months . If with drawl is done after 5 yrs 1 month then no deduction . Is my think...

FDs are no good now. A decade back it lost its shine. Now is the time of MFs and quality scrips and may be SIP. Take quality scrips and sleep over it. And see them how they multiply - gain benefit ...

Wish to know the following 1.Fixed deposits of NRE account. The interest earned on such account was exempted from Income tax. What would be the position once he becomes resident of Ind...

Though I have been transferring rent to my landlady's account through neft, she refuses to give me a valid rent receipt. Can I claim IT benefits by showing my account details?

I had worked with a reputed firm & at the end of last year I left the job for higher studies after completing 2 years with the firm. Now, I want to withdraw my PF money, but TDS will be deducte...

I want to know whether a retired person whose income is below tax limit. Do I still have to file I tax every year.

Whether the insurance paid for the vehicle owned by the tax payer can be deducted from the taxable income

IT dept disallowed any annexure in returns for individuals since 2009-10. Many Govt departments failed to file TDS on salary for years. Now centralized tax authority is raising demands from salarie...

Whether A non resident Indian can file income tax return separately for Indian income in India and foreign income in foreign country for the same financial year