The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...

NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...

NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...

With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...

At the New Delhi Municipal Corporation (NDMC) under which these markets come, the property tax is up to 25% of the rent collected while in ...

America’s $38.9 trillion national debt is now reshaping how millions think about money, retirement and survival. Robert Kiyosaki says the U...

In India, the backbone of infrastructure funding is built on listed business trusts. However, recent tax reforms have introduced uncertaint...

A chartered accountant suggests renting may be financially smarter than buying property in Indian metro cities. He highlights a gap between...

Whether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...

All foreign assets must be disclosed in Indian tax returns in the prescribed manner. Non-disclosure of foreign assets can trigger implicati...

Ocean City, New Jersey, will add a 3% fee to vacation rentals booked via online platforms. This impacts sites like Airbnb and Vrbo. The new...

Resident Indians with rental income from US properties must follow Indian tax laws. Depreciation and other U.S. deductions are not applicab...

NRIs renting out properties in India must manage taxes effectively. Rental income exceeding exemption limits requires filing an ITR. Compli...

House rent allowance: Tenants will get into trouble with the income tax department if they are paying rent in cash and the landlord does no...

The rent received is taxable, but not all of it. There is a 30% standard deduction on rental income. If the spouse gets Rs 6 lakh per year ...

Real estate is popular as an investment avenue. If you are already servicing a home loan while going on a posting abroad, nothing much chan...