income tax laws

How your residential status affects income tax in India

If you are a resident of India, all your global income, wherever received, becomes taxable in India, subject to the…

3 weeks ago

Tax rules: Claiming vacant house as self-occupied in income tax return

I own a house which is self-occupied. My wife is a homemaker and stays with me with no income except…

4 weeks ago

Hindu Undivided Family: How do I accumulate capital in my HUF?

I want to make a HUF. Getting a PAN card is not a problem. The problem is capital. Where do…

1 month ago

Budget 2024: Investing in real estate? Check how income tax amendments can affect your property transactions

Budget 2024: In the Union Budget 2024 tabled in the Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman proposed some…

2 months ago