ESOP are Employee Stock Option Plan & some called them – Employee Stock Ownership Plan. ESOPs have emerged as an important incentivizing option for employees. We have seen many employees becoming millionaires with these plans. So ESOP taxation becomes important to be understood & adhered to. ESOPs being a financial scheme, involves taxation also. RulesRead More
7 Best Investment Options for NRIs in 2020
While there are many NRI Investment Options in India, one should check his requirement & risk appetite. Your home country may restrict, but in India barring few exceptions, NRIs are allowed to invest in many options. Here is the comprehensive List updated till April 2020. India has rapidly grown and provides the potential of sharingRead More
Taxation on Equity Mutual Fund in India
Equity mutual funds have become very popular & a key investment asset. Withdrawal from equity-oriented mutual funds attracts tax. Also, the equity fund declares dividends. This article aims to give you clarity on capital gain/capital loss arising from equity mutual funds. Here is taxation on equity mutual funds in India. This is updated as perRead More
Preparing for Your First Home Loan
Buying your first home is a huge decision because of the amount involved. One has to commit a large part of his savings and take his First Home Loan. But careful planning can help you achieve your goal in 10-15 years depending on your requirement. Being prepared and knowing the investment avenues will help youRead More
Taxation on Mutual Fund Dividends in India
Dividend is one of the ways you earn from investments. Dividend is a property of Financial Assets. A physical asset like land, farmhouse or gold will never distribute dividends. But like most of the gains, the dividend is also taxed especially. From April 1, 2020, the Taxation on Mutual Fund Dividends has again changed. ThisRead More
ITR Filing for NRI (When Mandatory When NOT)
Income Tax Returns for NRI is a confusing area of discussion. Here are the conditions when ITR Filing for NRI is mandatory & when not India. NRIs should note these and plan taxation accordingly. The deadline to file ITR for individuals (who are not liable to audit under Section 44AB of the Income-tax Act, 1961)Read More