Mutual Funds Taxation

Taxation of Equity Mutual Funds

Investing in mutual funds generates profits- capital gains which can be taxable. In this article, we will explore the taxation of equity mutual funds.

advance tax

Advance Tax Payment Due

As you all are aware, last date for payment of 4th installment of Advance tax is 15th March 2019. In short, Advance tax for FY 2018-19 shall be paid on or before 15th March 2019. Let us understand more about the provisions regarding advance tax.

Tax Saver FD interest rates

5-year Tax Saver Fixed Deposit – Latest Interest Rates

In this article you will find the interest rates provided by major banks in India on the Tax Saver 5 year FD option provided by them. These interest rates are as on last updated by the respective websites.

Capital Loss carry forward

How to Set Off Capital Losses in case of Equities

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.

TDS Applicability on FD is raised from Rs.10,000

FD/RD TDS LIMITS INCREASED TO RS. 40,000 (Interim Budget 2019)

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.