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Why Petrol Prices Are So High In India?

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Do you also wonder why in this world, petrol prices are so much higher in India compared to most of the countries on our planet? Do you know the fundamentals of how much petrol actually costs and how much we Indians pay for it? Why is there such a huge difference in the price of diesel and petrol in India ... Read More »

Capital Gain Tax Exemption Bonds – Safeguard Your Long Term Capital Gains Under Section 54EC

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In todays economical condition, people find real estate as safe and profit generating investment. Buying a residential property, earning rent from the property for few years and then selling the same at higher price to generate good profit. Isn’t it sounds attractive to you? The next question comes to our mind is, is there any tax on the income generated ... Read More »

Securities Transaction Tax (STT) Maybe Reduce Or Removed In India – SEBI Requests Finance Ministry Of India

Past few months have not been among the good times for global economy. Economic crisis which originated from Europe, gradually spreading to USA and Asian economies have led to a big slowdown in economic growth worldwide. So far, India has been doing good compared to other economies because of strong internal demands and good fundamentals of growth from within Indian ... Read More »

Advance Tax–When & How To Pay?

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As an individual we know about income tax, but you may not yet be aware about the implications of advance tax. Few of us ask, What is this advance tax? Is this an another type of tax imposed by the government? Do I have to pay this? These questions are very important to address as ignorance can add an unwanted ... Read More »

Download Tax Challan Correction Request Form

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Do you file your Income tax return Manually? If yes then read on this is really important for you. The main reason for automating the system of filling income tax return is to minimize the errors. But still there are a big number of people who file their income tax return manually. Errors while depositing tax payment challan physically are ... Read More »