According to the provisions of Income Tax Act, loss under the head capital gain i.e. capital loss, can be adjusted against the other capital gains. Additionally, the balance amount of loss after adjustment can be carried forward to next year. Let us understand the provisions in detail.
In this article you will find the interest rates provided on the fixed deposit facility provide by major banks in India.These interest rates are as on last updated by the banks on their respective websites.
In the interim Budget 2019, Finance Minister has proposed to increase the limit of Fixed Deposit TDS from Rs. 10,000 to Rs. 40,000. However, this amendment is proposed only for the depositors having age below 60 years and no change in case of Senior Citizens.
RD Interest Rates of Top Banks In this article you will find the interest rates provided by major banks in India on the recurring deposit (RD) facility provided by them. These interest rates are as on last updated by the respective websites. Below are the interest rates offered by banks on RD’s for various durations … Continue reading Interest Rates of Recurring Deposit (RD) of Major Banks February 2019
Yesterday, our Finance Minister Mr. Piyush Goyal presented an interim budget for 2019-20. In the budget presented by him, he proposed to grant full tax rebate on Taxable Income up to Rs. 5,00,000. It is a rebate and not an exemption.