Your cart is currently empty!
-
Income Tax Guide for Stock Market Traders (FY 2024-25)
Introduction With the rise in stock market participation across India, many individuals are actively trading in equities, F&O, intraday, and even crypto. But what often gets overlooked is how income from trading is taxed under the Income Tax Act. As a Chartered Accountant, I’ve seen many traders get notices simply because they didn’t classify their
-
Income Tax Guide for Salaried Individuals (FY 2024-25)
Introduction If you’re a salaried individual, income tax is likely deducted from your salary every month under TDS (Tax Deducted at Source). While this automates tax payments, it’s crucial to understand how your income is taxed, how to save taxes legally, and what benefits you can claim. This blog will help you understand the basics
-
Income Tax Rule
The Income Tax Act, 1961, is the primary legislation in India that governs the taxation of income for individuals, businesses, and other entities. It was enacted by the Parliament and came into force on April 1, 1962. Key Features of the Income Tax Act Recent Amendments The Income Tax Act, 1961, plays a crucial role in India’s financial