Intraday trading, also known as day trading, involves buying and selling stocks within the same trading day. While it can be lucrative, it’s crucial to… Read More »Income Tax On Intraday Trading – How Profits From Intraday Trading Are Taxed?
Overview on Long-Term Capital Gain Tax on Mutual Funds Long-term capital gains are the gains that arise when long-term capital asset is transferred. The taxation… Read More »Long-Term Capital Gain Tax on Mutual Funds
Passive investing is an investment strategy that involves holding a diversified portfolio of securities, such as stocks, bonds, or other investment vehicles, with minimal buying… Read More »Passive Investing: What It Is and How It Works
The Income Tax Return Form ITR 7 for Assessment Year (AY) 2024-25 has been updated and notified by the Central Board of Direct Taxes (CBDT).… Read More »ITR 7- How to file ITR 7? Eligibility, Due Date
ITR 4 Form (Sugam) is an Income Tax Return form designed for taxpayers who opt for a presumptive income scheme under Sections 44AD, 44ADA, and 44AE of the… Read More »ITR 4 Form (SUGAM) – What is ITR 4, Eligibility & Who Can File ITR 4?
Overview of Double Tax Avoidance Agreement (DTAA) – Where a person resident in India earns income which is also taxable in a foreign country, he… Read More »What is Double Tax Avoidance Agreement (DTAA)?
Foreign Source Income refers to income that is earned from sources outside India. This can include income from employment, business, or investments located in a… Read More »Taxation of Foreign Source Income
Overview of tax on foreign shares in India Investing in foreign shares has become increasingly popular among Indian investors seeking to diversify their portfolios and… Read More »How Gains From Foreign Shares Are Taxed In India
Who is a Senior Citizen and a Very Senior Citizen? Under Income tax for Senior Citizens the terms “Senior Citizen” and “Very Senior Citizen” are… Read More »Income Tax for Senior and Super Senior Citizens FY 2023-24 (AY 2024-25)
Do youtubers pay tax in India? Yes, income earned from youtube is taxable in India. The income earned from activities such as sponsored posts, advertising… Read More »Income Tax On Income From Social Media Websites in India