Understanding the nuances of these provisions is essential, particularly in light of recent amendments and judicial…
Tag: income tax act
Will an Indian beneficiary of a foreign trust face tax liability here? | Mint
I am an Indian citizen living in Dubai and own an immovable property in the US.…
NRI taxation: How to claim special tax concessions
Mint explains who can claim these benefits on which assets and when. The types of income…
Can presumptive taxation make business incomes up to ₹2 crore tax-free?
But, some experts warn it may not be a blanket benefit available to all businesses and…
Can I transfer a gifted amount from the NRO account to a foreign bank account? | Mint
My relative has gifted me some amount in my NRO (non-resident ordinary) account from her NRO…
Can I avoid TCS by sending money to my own company? | Mint
I have incorporated an IT company abroad. I want to transfer money to my own account…
How will my property sale be taxed after I relocate to India? | Mint
I have worked outside India for 12 years but I will be relocating back to India…
Transferring PPF maturity funds? Know the tax implications before you do | Mint
My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior…
Facing Stock Market Losses This Year? Here’s How You Can Save Income Tax | Check Set Off, Carry Forward Rules – News18
Last Updated:February 27, 2025, 15:30 IST Income Tax Act provisions allow taxpayers to set off and…