income Tax

11 Rules to know - Am I an NRI under FEMA and the Income Tax Act? | My Money Sage

11 Rules to know – Am I an NRI under FEMA and the Income Tax Act? | My Money Sage

NRI under FEMA and the Income Tax Act Your residential status determines which investments you can make and how much tax you will have to pay.  Many of our clients ask us about whether they are Non-Resident Indians (NRIs) or residents. They are not able to make sense of the rules under the Foreign Exchange […]

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Importance of having a Health Insurance Policy

Here is why a Health Insurance Policy is essential for you: A report released by the World Health Organization on non-communicable diseases (NCD) (commonly known as lifestyle diseases) paints a depressing picture of India. 26 percent of Indians aged between 30 and 70 could die from one of the four major non-communicable diseases – diabetes,

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““`Capital Gains Tax – The long and short of it

A guide to long-term and short-term Capital Gains Tax: Mr. Anil Gupta bought a property in the year 2013 and sold the same after 30 months as he was making decent gains on the investment, little did he realize that his gains were subject to short-term capital gains tax. If he had sold the property after completion

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