Income Tax
Form 16, read line by line
Most people glance at the net figure and file. The three boxes worth actually checking are elsewhere, and two of…
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Income Tax
Tax Planning
Section 80C is not a strategy: what to actually do before 31 March
Every March, lakhs of people buy an insurance policy they do not want to save tax they may not owe.…
Financial Planning
Fixed or floating: which home loan rate actually costs less
A fixed rate buys certainty at a price that is rarely quoted. Over twenty years that premium usually costs more…
NRI Taxation
NRI residency: the 120-day rule and what it actually costs
Residency decides what India taxes. The rules changed in 2020 and the thresholds now depend on your Indian income, which…
Payroll Accounting
Why your January salary drops, and what to do about it
Nothing went wrong with payroll. Your employer is recovering eleven months of under-deduction in the last three, because the proof…
Tax Saving
Section 80D: what the deduction actually covers
Most people claim the premium and stop. The parents' limit, the preventive check-up allowance and the senior citizen rules add…
Tax Notices
The income tax notices you might receive, and what each one actually wants
Most notices are automated, most are routine, and most have a deadline. Knowing which one you are holding tells you…
Capital Gains Tax
How debt funds, gold and REITs are taxed now
Three asset classes, three completely different sets of rules, and all three changed in the last two years. Holding period…
Tax Guides
Which ITR form applies to you, and what happens if you pick the wrong one
Seven forms, and the choice is made for you by the kind of income you have. Picking wrong does not…