Taxonomy

Explore taxonomy blogs that classify investment themes, sectors, and financial concepts for clearer understanding and better decisions.

Systematic Investment Plans (SIPs) have become one of the most popular ways for individuals to invest in mutual funds. One of the common questions new and even experienced investors ask is, “Is SIP tax free?” The answer isn’t a simple yes or no. Taxation on SIPs depends on multiple factors, such as the type of mutual fund, investment duration, and the amount of capital gains.
An Income Tax Assessee is any individual or entity obligated to pay taxes or any other sum under the Income Tax Act, 1961. This includes those who have earned income, incurred losses, or are liable to pay taxes on behalf of others. The term includes many taxpayers, from salaried individuals to companies and trusts.
Earlier, the exact number of donations made to a charitable institution could not be known, and thus, there was no standard way of verifying the recorded figure. Form 10BD was introduced through a CBDT notification to ensure that the donors correctly record and easily claim every donation.
When earning foreign income, Indian taxpayers often face a challenge: double taxation. Fortunately, the Income Tax Act includes provisions such as Section 90, Section 90A, and Section 91, which provide relief from being taxed twice. Understanding these sections is crucial for international income earners, professionals, and business owners with overseas operations.
Depreciation allows businesses to account for the gradual wear and tear of assets. The Income Tax Act provides specific guidelines for calculating and claiming depreciation, making it one of the important income tax concepts.
A Section 142(1) notice under the Income Tax Act is a communication issued by the Income Tax Department to gather more information from the taxpayer. The notice is issued in two situations:
When discussing TDS, it is usually seen as a concept related to salary and perquisites deduction. However, the applicability and the rule also extend to a company's purchase of goods in a certain context under Sec 194Q.
Picture this: you successfully reached the target sales, and the company declared ₹30,000 as a sales incentive. But while receiving, you get ₹27,000. The amount here got reduced due to the mandate of deducting TDS as per a direct tax rule.
If you’re like most people, the term "income tax act section 148" might sound a bit intimidating. And that’s understandable – not everyone is expected to be a tax expert. But here's the thing: this section is important because it deals with situations where the Income Tax Department believes some income might have been left out of your returns.
When paying income tax in India, your residential status plays a vital role under the Residential Status Income Tax Act. It doesn’t matter whether you are an Indian citizen or a foreign national. How long you have stayed in India during a financial year and in the past few years matters.

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What is an Investment Advisory Firm?

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.