- Can you claim Section 54F tax exemption on sale of inherited agricultural land? Here's what expert says
Agricultural land is generally not a capital asset unless it falls within urban limits. If taxable as LTCG, Section 54F may allow a deduction for reinvestment in a house, the expert said.
- NRI PAN-Aadhaar linking: PAN showing inoperative? Check if you are exempt before paying the ₹1,000 fee
NRIs may be exempt from mandatory PAN-Aadhaar linking if they qualify as non-residents under income-tax law. Here is what to do if an NRI’s PAN still shows as inoperative and how to update the status.
- SCSS: How much should a senior citizen invest to earn ₹25,000 every quarter at 8.2%?
SCSS can help generate a predictable retirement income. At the current 8.2% interest rate, an investment of around ₹12.20 lakh can earn nearly ₹25,000 every quarter before tax. Understanding its key features is essential for planning a steady income.
- Dollar or rupee? What NRIs should know before buying GIFT City insurance
NRIs should compare currency, cost, risk, tax treatment and the payout mechanism before choosing between Indian and GIFT City products.
- Gold jewellery worth lakhs goes missing from Mumbai, Kanpur bank lockers — do banks compensate for theft?
Recent thefts from bank lockers in Kanpur and Mumbai raise concerns about security. The Reserve Bank of India regulates locker facilities and has capped the compensation limit.
- Only 3 equity savings funds delivered 10%+ SIP returns in 5 years; HSBC led at 12.54%, check the full list
Only three equity savings funds delivered 10%+ SIP returns over five years, led by HSBC Equity Savings Fund at 12.54%. Edelweiss and Kotak also crossed 10%, while the 10-year data shows HSBC continuing to lead the category.
- Tax regime switch: why ticking the box is not enough for business, professionals
Business and professional taxpayers face stricter rules when switching between the old and new tax regimes, with Form 10-IEA required to make the choice valid.
- Going abroad? Your EPF rules may change if you are an International Worker
Working abroad or hiring a foreign national in India? EPFO’s International Worker rules can change how much you contribute, when you can withdraw EPF and how social-security benefits work.
- PPF calculator: ₹1,000, ₹5,000 or ₹10,000 monthly investment can build this corpus in 15 years
PPF investment calculator: See how ₹1,000, ₹5,000 and ₹10,000 monthly investments could grow over 15 years at 7.1%. Check the PPF returns, tax benefits, contribution limits and long-term savings.
- PPF, SSY, NSC, KVP, MIS or Time deposit: Which post office scheme saves the most tax?
Small savings schemes vary based on individual needs and tax situations. Notable options include PPF with 7.1% interest, SSY at 8.2%, and NSC at 7.7%, each with tax benefits, lock-in periods, and unique characteristics.
