A debt mutual fund invests primarily in debt instruments, that is government securities, bonds and money market instruments. A debt mutual fund is defined as one which invests less than 65% of its assets into equities. Let us check on what taxation of debt mutual funds means to the retail investor. The scope of theRead More
Tax
Missed the income tax return (ITR) filing deadline of 31st July?
What happens if you missed the income tax return (ITR) filing deadline of 31st July ? How can you ensure you still pay tax to the government without the law catching up with you ? While an assessee has paid advance tax and TDS (Tax Deducted at Source) by 31st March of every year, 31st July isRead More