Income Tax Act 1961 News

Money

What to expect from new direct tax law

We spoke to the experts on what to expect from the new direct tax law

3 min read1 May 2018
Money

Did you know? A new Direct Tax Law is in the making

On 21 March 2018, the CBDT asked stakeholders and general public to give suggestions and feedback to review the decades-old Income Tax Act, 1961

2 min read28 Mar 2018
Money

Investments for saving LTCG tax cannot be in multiple houses

Irrespective of the amount of capital gain, it has to be reinvested in a single housing unit

2 min read23 Jan 2018
Money

What to do if you have multiple PAN cards?

Holding more than one PAN card is illegal. If you happen to hold one, here is how you can surrender it

4 min read14 Aug 2017
Money

The penalties for under-reporting and misreporting of income

Let's read about what is considered under-reporting or misreporting of income and how much penalties they attract

2 min read17 Jul 2017
Money

DYK: Women can be the karta of an HUF

Here is a look at what an HUF is, who is a karta and who are the coparceners of an HUF

2 min read5 Feb 2016
Money

DYK: you can claim vacancy allowance on your house

If the property remained vacant during the full or part of previous year, even after your best effort to let it out, you can claim deduction as vacancy allowance

2 min read21 Sep 2015
Politics

New tax plan won’t hurt investment, says govt

New tax plan won’t hurt investment, says govt

3 min read18 Mar 2012
Opinion

Dubious amendments

Dubious amendments

1 min read18 Mar 2012
Opinion

Ask Mint Money | No tax benefit for repayment of education loan taken by wife

Ask Mint Money | No tax benefit for repayment of education loan taken by wife

2 min read7 Mar 2012
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