Investors often focus only on earning returns — equity gains, mutual fund growth, real estate appreciation, etc. However, smart investing is not only about making profits; it is also about managing taxes efficiently. One of the most powerful — yet lesser-known — techniques available to investors in India is the Income-Tax Loss Harvesting Strategy. Loss […]
Trademark Registration in India – Complete Guide for Businesses Introduction Trademark registration is a vital step in protecting your brand identity in India. A registered trademark grants exclusive legal rights over your brand name, logo, slogan, or symbol and prevents unauthorised use by competitors. In India, trademark registration is governed under the Trade Marks Act,
Trademark Registration in India: Process, Benefits, Documents & Online Filing Guide Read Post »
One of the most common concerns among property owners and landlords in India is whether a tenant, by staying in a property for a long period, can legally claim ownership of that property. On the other hand, tenants often believe that long, uninterrupted possession gives them ownership rights. This article explains the legal position under
The Government of India has introduced major reforms through the Four Labour Codes, aiming to simplify, consolidate, and modernize the country’s labour laws. These codes replace 29 existing labour legislations and bring significant changes for employers, HR teams, and employees. The Four Labour Codes include: Code on Wages, 2019 Industrial Relations Code, 2020 Social Security Code, 2020 Occupational
🧾 New Changes in Four Labour Codes in India – Complete Guide (2025 Edition) Read Post »
🧾 Benefits of Forming a HUF for Individuals: A Complete Guide Introduction A Hindu Undivided Family (HUF) is one of the most powerful and legitimate tax-saving tools available under Indian income-tax law. Many individuals are not aware that forming an HUF can create an additional income-tax entity, enabling significant tax savings for the entire
HUF for Individuals | Tax Savings Guide Read Post »
Query Housing loan preclosure dilemma I want to preclosure the housing laon with maturity funds in ppf , fd and savings Second thought is to invest in mf and fd backup for any uncertainty in spouse job, if I preclose I don’t have any back up for emergency except for salary income from sposue and
Guidance on Housing Loan Preclosure vs. Investment Decision Read Post »
Additional income-tax u/s 140B(3) ITR-U or Updated Income Tax Return is the form that allows you to rectify errors or omissions and update your previous ITR. It can be filed within two years from the end of the relevant assessment year. The government introduced the concept of updated returns in the Union Budget 2022.
ITR U – What is ITR-U Form and How to File ITR-U Read Post »
Step 1: Open Zerodha Console – Click on the below link Link to open – https://console.zerodha.com/ Step 2: In Menu Click on Portfolio -> Holdings Step 3: Select Date as on the last date of the financial year – For example for the financial year 2024-2025, last date is i.e, 31-Mar-2025 Step 4: Click on
How to Download Holdings Report from Zerodha Read Post »
Definition How to Calculate Exemption u/s 54F? Illustration Differences Between Section 54 and 54F Capital Gains Account Scheme Illustration Some Common Questions Related to Section 54F Case Study Case No.1: ACIT New Delhi v Mahinder Kumar Jain IT APPEAL NO. 5254 (DELHI) OF 2014. Facts of the Case The Decision Takeaways from the Case
Section 54F of Income Tax Act 1961: Definition, Exemption, Case Law & Example Read Post »
ITR U – What is ITR-U Form and How to File ITR-U Read Post »
Managing personal finances can sometimes feel overwhelming, but knowing your net worth is a critical first step toward gaining control over your financial future. Your net worth is essentially a snapshot of your financial health at a given point in time. It’s the difference between what you own (assets) and what you owe (liabilities). Many
The Importance of Net Worth Computation: Are You Financially Aware? Read Post »
Introduction What is PAN card? A PAN (Permanent Account Number) card contains a unique identification number assigned to every tax-paying citizen of India. Misconceptions on Minor PAN Card Since taxpayers must have a PAN card, there is a misconception that minor cannot hold PAN card and only persons above 18 years can apply for it.
Minor PAN Card – Process to Apply PAN Card for a Child Read Post »
Description This blog provides a step-by-step guide on ow to pay your self-assessment income tax online in India through the official Income Tax portal. It’s ideal for taxpayers who need to settle their tax dues before filing their returns. Step 1: Visit the Income Tax e-filing portal and log in to youraccount. Link: https://www.incometax.gov.in/iec/foportal/ Step 2:
How to pay the Self Assessment Income-Tax online Read Post »
Treatment of Dividend in India as per Income-tax In terms of the provisions of the Income-tax Act, 1961, (“the Act”), dividend paid or distributed by a Company on or after April 1, 2020 is taxable in the hands of the shareholders. The Company shall therefore be required to deduct tax at source at the time
Treatment of Dividend in India as per Income-tax Read Post »
Certainly! When it comes to NRIs (Non-Resident Indians) investing in the Indian stock market, there are specific tax implications to consider. Let’s break it down: NRE (Non-Residential External) Account and NRO (Non-Residential Ordinary) Account: NRIs can invest in India through either an NRE or NRO account. The NRE account is an external account, which means funds are fully
What are the tax implications for NRIs investing in Indian stock markets? Read Post »
Certainly! Let’s explore a real-world case study where a business reaped significant benefits from hiring a digital accountant: Case Study: DNA Accountants Embracing Digitalization Firm Name: DNA Accountants Director: Gillian French Background and Challenges: Context: The pandemic-induced uncertainty and England’s lockdown prompted the need for agile financial management. Client Queries: Clients sought answers on cash flow
Case Study: Hiring a digital accountant benefits business Read Post »
Overview Tax-loss harvesting is a strategy that uses the capital losses from one investment to offset taxes owed on capital gains (profit) from another investment. It is permitted under the Indian Income-tax Act. It is used to reduce tax liability on investments. When To Apply this Strategy When you have SOLD a capital asset in loss and holding other
Tax-loss harvesting Strategy Read Post »
For years, F&O traders have been subject to tax audit only because their turnover crossed Rs 10 Crore. But recently the formula for calculating Trading Turnover was updated. Traditionally, the option premium was considered as part of the turnover, often leading to inflated figures that made tax audit mandatory for traders. But now, only positive
F&O Taxation – Points to be noted by F&O trader about Income-tax return filing Read Post »
