What is Equity Mutual Funds, Features & Benefits
Equity Mutual Funds invest in equities or stocks of the companies. At least 60% of Total Assets must be allocated to equity. Remaining to debt or cash..
FinCalC Blog
Section 80C to 80U Income Tax Deductions
Section 80C to 80U includes multiple tax saving options with old tax regime to reduce your tax liability. EPF, 5 Year Fixed Deposits, ELSS..
Types of Mutual Funds in India [EXPLAINED]
Types of Mutual Funds in India.. Based on Asset Class – Equity Mutual Funds, Debt Funds, Hybrid Funds, Money Market Funds..
Section 10(5) – Leave Travel Allowance Income Tax Exemption
Section 10(5) of income tax act allows income tax exemption for travel cost incurred by you within India as LTA exemption or LTC exemption..
Section 10(13A) of Income Tax Act – HRA Exemption
Section 10(13A) of income tax act allows to claim HRA (House Rent Allowance) that you receive in your salary payslip if you pay house rent
Section 80RRB – Income Tax Deduction on Patent Royalty
Section 80RRB of income tax act allows you to claim deduction on income earned from royalty payments received on patent work created by you..
Section 80GGC – Tax Deduction on Donations to Political Party
Section 80GGC of income tax act allows an Individual to claim deduction against donation paid to political party or electoral trust in India
Understanding Brokerage Charges in India: A Comprehensive Guide
Brokerage charges are fees that stockbrokers charge for their services. These charges are not uniform and often vary from broker to broker..
Section 80GGB – Tax Deduction on Donations to Political Party
Section 80GGB of income tax act allows Indian Company to donate or contribute to political party or electoral trust to save income tax..
Section 80DD – Income Tax Deduction for Differently Abled
Section 80DD of income tax act allows claiming deduction for expenses occurred to take care of physically disabled person in family..