ITR 1 vs ITR 2
Filing your Income Tax Return (ITR) accurately is crucial for every taxpayer in India, and choosing the correct ITR form ...
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What Is Tax Loss Harvesting?
Tax loss harvesting is a strategy that allows investors to reduce their taxable capital gains by selling loss-making investments. By ...
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What Is Form 12BB?
Form 12BB is a vital document in the Indian taxation system that employees need to submit to their employer to ...
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Short-Term Vs Long-Term Capital Loss
Investing in various assets like stocks, real estate, or mutual funds can lead to capital gains, but sometimes, these investments ...
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Section 80D of Income Tax Act
Health insurance is not only essential for safeguarding your well-being, but it also offers tax-saving opportunities under Section 80D of ...
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Senior Citizen Saving Scheme
The Senior Citizen Saving Scheme (SCSS) is a government-backed savings scheme specifically designed to provide financial security to senior citizens ...
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Income Tax on Profit from Commodity Trading in India
Commodity trading has become a significant part of financial markets in India, providing investors with opportunities to profit from the ...
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Income Tax Benefit with the NPS Scheme
The National Pension System (NPS) is a government-sponsored retirement savings scheme in India designed to provide long-term financial security. Apart ...
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What Is Cost Inflation Index (CII) In India?
The Cost Inflation Index (CII) is a crucial concept in Indian taxation, particularly when calculating capital gains on long-term assets. ...
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Understanding How Income Tax is Levied on Stock Market Transactions
The Indian stock market has become an increasingly popular avenue for individuals looking to grow their wealth. However, every profit ...
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