Advance Tax Provisions – FFC episode 33
Advance tax is the amount of income tax that is paid much in advance rather than a lump-sum payment at the year-end. Also known as earn tax, advance tax is to be paid in installments as per the due dates decided by the income tax department.To subscribe click her To get detailed information on Advance Tax Provisions we recommend you to watch our video. File income Tax Also...
A Look At The New Changes In GST For Homeowners
The Government of India has been introducing (GST) all kinds of new regulations for Income Tax Returns (AY 2019-20), which needs to be filed by 31st July this year. The good news is that most of these reforms have made the filing process more fluid. For instance, if you are the owner of house property which is under construction, good news awaits you! In a move that brought a...
Know the Impact of Budget 2018 on your Taxes
With every Union Budget, the average tax-payer looks at different amendments in the income tax slab rates or other exemptions and deductions. This year’s budget was no different. Though there was no change in the income tax slab rate (which happened in the last budget), there were various proposals which impact your taxes. Do you know about the revised tax impact of the Union Budget 2018?...
LTCG Tax on Equity Investments from 1st April, 2018.
According to the provisions of the latest Union Budget, 2018, a long term capital gains tax would be imposed on long term capital gains incurred from selling equity shares or equity-related investments. This provision has got investors worried about their equity investments. They are in doubt whether to hold onto their investments or to sell them off before 31st March 2018 and book their...