As we approach the end of another financial year, many of you would be trying to find an investment that qualifies for 80C tax benefit upto 1.5 Lakhs. You may not have used ELSS mutual funds though they are the ones having the shortest lock-in period, due to fear of investing in a risky equity …
What is DDT? Dividend given by a stock or a mutual fund is subjected to a tax called Dividend Distribution Tax (DDT). When a stock or a mutual fund declares a dividend, the DDT is paid by the company or the mutual fund house directly to the government. So in effect this payment is transparent …
Budget 2020 DDT is removed. what does this mean for me? Read More »
The new tax slabs proposed by Finance minister today is lower than the earlier tax slabs. But there is a catch! You need to forego all the tax exemptions! The minister has said that the present tax regime has too many exemptions and deductions. Due to this, it has become the norm to engage a …
