If I gift my Rs 2 lakh to my wife who plans to invest in FD, who will pay income tax on interest earned?ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...
28 Apr, 2026, 02.17 PM IST
Income Tax Dept tightens disclosure norms under presumptive taxation schemeStarting from the assessment year 2026-27, a new mandate will compel taxpayers utilizing the presumptive taxation system to reveal their ba...
15 Apr, 2026, 12.40 AM IST
I am an OCI cardholder, will I need to pay tax on inherited assets in India?I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself tax...
31 Mar, 2026, 12.06 PM IST
From Rs 15 lakh corpus in MF, how much tax-free SWP can I have?I am a retiree with a corpus of Rs 15 lakh in a mutual fund, earmarked for my daughter in Class 10. If I start a Systematic Withdrawal Plan...
27 Mar, 2026, 11.38 AM IST
How to calculate long term capital gains of gold jewellery when purchase value is not knownAs per income tax laws, an individual is required to pay tax on long-term capital gains accrued from the sale of gold jewellery. One is req...
13 Apr, 2022, 01.21 PM IST
I am an American and I lived in India for more than 182 days. Can I avail section 80C benefit?Eligible instruments for the purpose of Section 80C are tax-saving fixed deposits, Senior Citizens’ Saving Scheme, NSC, etc. You can also c...
20 Jan, 2020, 11.48 AM IST
My husband credits Rs 30,000 in my account which I invest in mutual funds. Do I need to file ITR?If you reinvest the earnings from your investment and earn further income, then such income will not be clubbed with the husband’s taxable ...
17 Jun, 2019, 10.51 AM IST
Angel tax continues to haunt startupsAbout a week after the government sought to calm an agitated industry, the tax authorities have started issuing demand notices to startups ...
01 Jan, 2019, 10.23 AM IST
How to save tax on capital gains arising from selling a houseOne can save capital gains tax by investing sale amount to purchase a house within 2 years from date of sale or construct a house within 3 ...
10 Dec, 2018, 02.22 PM IST
How will income earned from professional services abroad be taxed in India?According to the Income-Tax Act, people residing in India are subject to tax in India for their global income and such income will be taxed...
29 Oct, 2018, 12.34 PM IST
How much tax are you liable to pay on long-term capital gains on property?"If the amount is not utilised within three years for purchasing/constructing a house, it will be taxable after the expiry of three years f...
24 Sep, 2018, 06.30 AM IST
How will the capital gains made on the sale of a flat be taxed?Taxability of the capital gain on selling an immovable property like real estate will depend upon the holding period by the individual.
20 Aug, 2018, 06.30 AM IST
Budget 2017: No bonus points for non-charity trustsBudget 2016 had proposed that investors receiving dividend in excess of Rs 10 lakh a year pay 10% in taxes on the gross amount of dividend ...
02 Feb, 2017, 12.41 AM IST
Income Declaration Scheme rule on old cases clashes with I-T ActIDS is a scheme under which a person who has not disclosed income for earlier assessment years can make a disclosure of income subject to c...
19 Jul, 2016, 10.11 AM IST
Snapdeal’s premium fashion portal Exclusively to tie-up with international brandsSnapdeal’s premium fashion vertical Exclusively.com which was acquired by the marketplace in February 2015 will be setting up offices in Ne...
11 Feb, 2016, 09.03 PM IST
Snapdeal appoints Amit Maheshwari as Exclusively.com's CEOSnapdeal today said it has elevated Amit Maheshwari as the Chief Executive Officer of the recently acquired online premium fashion destinat...
29 Jul, 2015, 04.43 AM IST
Snapdeal working aggressively to reach $2 billion in gross merchandise value in fashion categorySnapdeal is also working with certain international brands to get them on its platform, informed Amit Maheshwari, VP-Fashion, without divul...
08 Apr, 2015, 01.03 PM IST