by Trade Brains | Apr 30, 2026
Synopsis: The capital gains tax silently reduces your profits on investments when you do not develop a good investment strategy. According to the Income Tax Act, there are several deductions that taxpayers can claim to lower their taxable amount. This guide explains 9...
by Trade Brains | Apr 29, 2026
Synopsis: This article talks about two of the best tax saving instruments which are Capital Gains Bond and Tax-Saving FDs. The aim of the article is to help readers understand these instruments through comparison and the various tax benefits that they can get on...
by Trade Brains | Apr 26, 2026
Synopsis: Interest earned on Income Tax refund is considered an income and is taxable under the head, ‘Income from Other Sources’. The interest has to be added in the Income Tax Return in the Financial Year in which the refund was received. The tax...
by Trade Brains | Apr 24, 2026
Synopsis: Credit card rewards like cashback, points, and air miles are usually treated as discounts, which results in their tax-exempt status for most situations. The rewards become taxable only when they are transformed into cash or used to provide business or...
by Trade Brains | Apr 21, 2026
Synopsis: The aim of the article is to help the readers understand the various tax deductions to cut capital gains tax. The Income Tax Act 2025 brought about many changes in the Indian Income Tax Act of 1961, which was put in place decades ago. Effective April 1,...
by Kenbi Riba | Apr 14, 2026
Synopsis: Form 121 is the new consolidated declaration for avoiding TDS on eligible income when the taxpayer’s estimated total tax liability is nil. It replaces both Form 15G and Form 15H under the updated tax framework and for senior citizens it takes over the role...
