The objective of this chapter is to make you tax-ready. By this, we mean that all aspects of the Indian Income Tax laws as well as their applicability on different individuals, including investors, have been discussed in detail with clear examples. Moreover, many important concepts have been simplified to ease your learning experience. Also, various sections of the Income Tax Act that help in tax planning and saving have also been discussed.
What is Income Tax?
Planning your tax for FY19 – Here are pointers to consider
Standard Deduction of Rs. 40000
Allowance under Section 10 of the Income Tax Act
HRA and LTA Calculations and Eligibility
Income from House Property
Section 80C of the Income Tax Act
Section 80D of Income Tax Act
Section 80G Of The Income Tax Act
Taxation On Equities
Taxation on Mutual Funds
Taxation on Non-Equity and Debt-Oriented Assets
What are Capital Gains? What is STCG Tax? How is it Calculated?
What is LTCG Tax? How is it calculated?
What is Indexation?
What is STT and What is Advance Tax?
What are Short-Term Capital Losses and Long-Term Capital Losses?
Deductions for Disability of Dependent Under Section 80DD - Medical Expenses for Disabled Individual
What Slab Does My Investment Fall In?
What is Income Tax Returns (ITR) And What Are The Various Forms?