How to claim special tax concessions
Mint explains who can claim these benefits on which assets and when. The types of income that qualify for concessions The concessions apply to two specific types of income. “The special tax provisions apply to income from foreign exchange assets such as interest, dividends, etc., or anything derived from specified foreign exchange assets. Long-term capital […]
Income Tax: How to claim a deduction under Section 80G for donations made to Ayodhya Ram Mandir Trust?
The “Pran Pratishtha” ritual at the Ram Mandir in Ayodhya, signifying the resolution of a centuries-old dispute, was truly a significant event. Occurring on January 22, 2024, it brought immense joy to millions of Hindus globally, marking a momentous celebration. The construction of the majestic temple, symbolizing the emergence of a splendid and self-reliant India, […]
National Savings Certificate: How to invest in NSC offline and online? Here’s a step-by-step guide
Amidst a multitude of investment options, each with its unique advantages, National Savings Certificate (NSC) issued by the Indian government is a conventional yet widely embraced investment choice. For those unfamiliar or new to the investment landscape, the NSC is a fixed-income investment program that provides a secure and reliable option with assured returns. It […]