Tax Benefits by taking of Loans under the Income Tax Act, 1961

Tax Benefits by taking of Loans under the Income Tax Act, 1961 Generally, we consider loans to be a necessary financial burden, particularly when we’re looking to buy something big. There are loans for almost whatever you need, and they work because they can help you get closer to your dreams, whether it’s buying a […]

How to invest in mutual funds after you retire

How to invest in mutual funds after you retire mutual funds after you retire are looking to invest in mutual funds these days. According to mutual fund companies and intermediaries, it is a testimony to the popularity of mutual funds. However, retirees should be a little careful and do their homework before getting into mutual […]

Section 79 and its implications on globally

Section 79 and its implications on globally As after prolonged litigation and different interpretations across judicial hierarchies, certain provisions of the Income Tax Act, 1961 (the Act) still require clarifications to ensure that they meet the intent with which the provision was introduced and do not cause undue hardship to taxpayers.It is the provision is […]