Taxation

ITR Filing 2018-19

How To Pay Income Tax Online : A Last Minute Guide To Filing Your Taxes ( FY 2018-19)

by Hemal Vora • August 29, 2019

With the income tax deadline for FY 2018-19 is just around the corner (   31st August 2019 ). Here is a compilation of all necessary information you need to file your taxes at the last minute. Read on. Eligibility To File Income Tax Returns India, similar to many other countries, follows a progressive income-tax […]


doc checklist ITR

A Comprehensive Checklist Of Documents Required To File Income Tax Returns ( FY 2018-19)

by Subham Sharma • July 23, 2019

Come July and the yearly ritual of filing your income tax returns begins in full swing. To help you tackle this season better, here is a compilation of essential documents that you must collect in advance in order to file hassle-free returns. Read on General Documents Required Firstly let us look at all the general […]


Tax filing for freelancers

Freelancers And Taxes : Know How You Can Benefit From Presumptive Tax Scheme

by Niraj • July 18, 2019

In this blog, I seek to discuss presumptive tax for freelancers. But before that, let us quickly touch upon freelancing income, and expenses that are allowed for deduction so that you understand the taxation part well. What Is Freelancing Income? Freelancing income is the income that you get when you are hired for a specific […]


Income Tax Return Filing For Futures And Options ( F&O)Traders : All You Need To Know

by Niraj • July 15, 2019

Trading in futures and options on stocks, currencies, and commodities are subject to tax but there is little awareness around the subject. This lack of information also leads to many small traders failing to report their losses from futures and options while filing their income tax return. With this article, I aim to bring forth […]


CBDT LTCG Law

Income Tax : CBDT Simplifies Disclosure Of LTCG From Stocks And Equity Mutual Funds

by Niraj • July 11, 2019

The Central Board of Direct Taxes (CBDT), on June 14, 2019, relaxed the rules on disclosing the long-term capital gains from equity and related investments while filing the income-tax returns (ITR) for fiscal 2019 (the assessment year 2019-20). In this blog, I will discuss more about  the recent announcement by CBDT and how it will […]


capital-gain-tax

What Is Capital Gain? A Detailed Guide for a Newbie Investor

by Niraj • June 26, 2019

In simple words, any profit that arises from the sale of an asset is termed as a capital gain. The asset in the discussion here is a capital asset. This profit is accounted under the “income” category, and thus, an individual/entity is liable to pay tax for the amount in the year in which the […]


Income tax deductions FY'18

Detailed Guide to Income Tax in India- Slabs Rates, Deduction and Exemptions for the year FY 2018-19

by Pijush Biswas • January 24, 2019

Income tax is that part of your income that you pay to the government of India to fund for the infrastructural development in the country and pay a salary of those who are employed by the state or central government. All taxes are levied based on the passing of a law in parliament, and the […]


First Job? High Salary? Here come the taxes!

First Job? High Salary? Here come the taxes!

by Ankit Jain • January 20, 2019

Every individual including the salaried people like us have to pay taxes on the salary that we earn. But of course, you know that. But what we don’t know is how to manage our finances once tax slab kicks in. Sources of Income It is important for us to note that first of all, we […]