300 words Crisp articles on various topics related to Finance
Budget 2023 completely changed the tax treatment of life insurance maturity proceeds. lakhs of policies are maturing every month under the new rules. Here’s exactly how much tax you will pay when your policy matures in FY 2025-26 or later. What does the law say — Section 10(10D) and older rules Under the earlier regime, …
#396 – Tax on Insurance Policy Maturity Proceeds Read More »
Taxation on royalties from books, music, or patents in India under the Income Tax Act, 1961, rewards creators while ensuring compliance. Authors, musicians, and inventors can claim deductions, but rules vary by income source. What are the tax rates on royalties from books in India, and how do they apply to music and patents? Let’s …
#395 – Taxation on Royalties from Books, Music, or Patents Read More »
Tax planning for REIT investors in India starts with understanding how different income streams from a Real Estate Investment Trust (REIT) are taxed. REIT investing can be attractive, but tax rules shape your net returns substantially. How can investors plan taxes on REIT income effectively? Let’s break it down. Main taxable components from REITs When …
REIT – Real Estate Investment Trust – is often called “mutual fund for real estate”. Launched in India in 2019, REITs have grown to over ₹1 lakh crore in assets by 2025, with 4 listed REITs on NSE/BSE. It allows small investors to earn rental income and capital appreciation from Grade-A commercial properties without buying …
Income tax in India — many myths swirl around this phrase. These myths lead to wrong assumptions, missed filings, or compliance issues. In this article, we debunk some common misunderstanding. Myth: No Tax Due Means No Need to File ITR Some taxpayers assume that if their payable tax is zero, they need not file ITR. …
Online gaming earnings attract tax — and understanding the rules matters for every gamer. Earnings from online games, e-sports, and fantasy sports have become a significant income source. However, the Income Tax Department treats most of these winnings very strictly. Here’s exactly how taxation works. What kinds of income fall under gaming taxation: Winnings from …
Tax Residency Certificate in India is essential for anyone seeking relief under Double Taxation Avoidance Agreements. It confirms your tax status in India. Moreover, it helps you claim lower tax rates on foreign income. Let’s See more about this. What Is a Tax Residency Certificate? A Tax Residency Certificate (TRC) is an official proof issued …
What is tax residency in India? It is the status that determines whether your global income is taxable in India or only your Indian-sourced income. With Indians living abroad and frequent cross-border movement, getting tax residency right is critical to avoid double taxation and penalties. Let’s see more about this. What Does Tax Residency Mean? …
Tax planning through SIPs is not just about saving money — it’s a smart way to grow wealth while keeping your tax bill under control. Whether you’re a salaried professional or a long-term investor, systematic investment plans (SIPs) can be structured to optimise your tax burden and improve your overall returns. How exactly can SIPs …
Since the abolition of Dividend Distribution Tax (DDT) in Budget 2020, the taxation of dividends in India has shifted entirely to shareholders. Thus understanding dividend taxation is critical for investors. How are dividends taxed in India in 2025? Let’s break it down. Understanding Taxation of Dividends in India: Taxation of dividends in India has evolved …