Wedding gifts, even those by non-relatives or received before or after the wedding, are exempt from tax. But preserve proofs like wedding i...

Indian women's long-held affinity for gold, driven by tradition and financial security, has proven to be a wise investment as prices surge....

The Income Tax Act of 1961 (IT Act) determines whether gifts received by Non-Resident Indians (NRIs) are taxable and is administered by the...

Investment planning for children: Starting early is not enough. Choosing the wrong investment is a common problem. It becomes even more acu...

Arnav Pandya explains income tax rules for gifts, highlighting exemptions for gifts from relatives like spouses, parents, and in-laws. Vari...

If your income is below the basic exemption, then you need not file an income tax return. Despite this if you voluntarily file your ITR, it...

Gifting is often used to transfer property or money within the family or to relatives by way of will or inheritance. As per the amendment a...

The ever-growing demand of vouchers is being satiated by companies who procure vouchers from their issuers and supply them to buyers. Till ...

Grandparents who want to give gifts in the form of money or investment have to operate necessarily through the parents who are the natural ...

Alimony would be given after the legal separation, either as a lump sum or a periodic fixed payment. A regular fixed payout may stop or get...

The losses under the head income from house property can be considered by your employer while computing the TDS on the salary.

If an asset has outlived its utility, unlock its value in your lifetime.

Tax professionals are charging 5% to 25% to suggest strategies that can convert unaccounted cash into legitimate money. Here are some of th...

An online survey conducted by Economictimes.com shows that Indians are not very clued in when it comes to taxation. Take this quiz to gauge...

They may not be aware, but even honest individuals can end up evading tax. Find out if you also fall foul of tax laws and how to stop doing...

You are liable to pay a heavy penalty and interest if you omit any income. Here are some you need to consider.

The Hindu Undivided Family structure is a great tax planning tool that can divide your tax liability and multiply the benefits. Find out ho...