Dividend is one of the ways you earn from investments. Dividend is a property of Financial Assets. A physical asset like land, farmhouse or gold will never distribute dividends. But like most of the gains, the dividend is also taxed especially. From April 1, 2020, the Taxation on Mutual Fund Dividends has again changed. ThisRead More
Tax
ITR Filing for NRI (When Mandatory When NOT)
Income Tax Returns for NRI is a confusing area of discussion. Here are the conditions when ITR Filing for NRI is mandatory & when not India. NRIs should note these and plan taxation accordingly. The deadline to file ITR for individuals (who are not liable to audit under Section 44AB of the Income-tax Act, 1961)Read More
ELSS Meaning, Features & Reasons to Invest
If you ask any financial advisor or planner including us, about Tax Saving financial products, the chances are very high that you will be recommended an Equity Linked Savings Scheme (ELSS). There are several reasons for advisors and investors to opt for ELSS over other similar Tax Saving financial products. Let us understand the ELSSRead More
Changes in Taxation / Investments – Sept 2019
Dust from Budget has settled, its time when mid-year changes in taxation & changes in investments are rolled out. For September 1, these new 7 changes will have an immediate and lasting impact on how we deal with money. So here are the 7 Changes in Personal Finance w.e.f. September 1, 2019. Changes in TaxationRead More
FAQs – Late Filling of ITR, Refunds & Verification
31 Aug 2019 is over and this was the last date to file Income Tax Returns for FY 2018-19. But what if you missed ITR filing deadline? Late filling of ITR is a serious blunder and let’s see how this can be tackled? Also, if you have filled, your wait for verification of ITR, revisionRead More
Income Tax Planning for NRIs & FAQs
Updated 16/07/2022 – In this article, we will discuss the Tax Planning for NRIs in detail. We will be modifying it when there are changes. So that you have up to date knowledge on Tax Planning for NRIs. Specific questions can be asked in the comments section below on Taxation for NRIs. So here weRead More