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income tax

Tax officials set their sight on pre-launch developers

It raids on several real estate offices The purpose is to expose the bigwigs behind developers? The Income-Tax department set...

Budget welcomed

Congratulations to everyone involved in the formulation of the new income-tax system. I welcome the decision on infrastructure development. Tax payers and traders have...

How to transfer funds from NRO to NRE account?

Living in a rented house, can I claim House Rent Allowance (HRA)? Thinking of buying a house with a home loan and renting it...

How to save tax on sale of agriculture land?

I own agricultural land for over the last 30 years. How can I save tax on the sale of the land? Also, can I...

Are you aware of section 54 F of IT Act?

People should pay income tax depending on their revenue. However, one need not pay the capital gains if one is fully aware of the...
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