Universal Account Number or UAN is a unique number allotted by the EPFO to all employees at the time of their first job. The UAN remains the same during the employment tenure despite a change in the employees' job. Through...

How to save tax or rather how to plan your investment is a question that bothers each one of us. While tax planning is crucial, tax saving investments are also essential. You can save tax and earn returns with the...

Union Budget 2021 Update The presumptive income under section 44AD will be applicable only to resident taxpayers. Hence, going-forward section 44Ad and ITR 4 form will be applicable only to resident individuals, Hindu Undivided Family (HUF), or a partnership firm,...

ITR 5 form is applicable to all taxpayers running a business or profession excluding an individual taxpayer and a HUF. ITR 5 form includes income under all the 5 heads of income along with a statement of manufacturing and trading...

Introduction Sensex and Nifty are market indices that represent the market. They are the benchmarks for the country's stock market trend, development in the industry, and individual investors' portfolios. This article covers in detail Sensex and Nifty, their calculation and...

Gold is an asset that not only adds value to an investment portfolio but also helps in its diversification. Financial experts suggest that an investment portfolio should have at least 10%-20% of assets invested in gold. The main reason for...

Introduction to Gold ETF vs Gold Sovereign Bond Gold is the most coveted and desired asset for Indians. The yellow metal is not just used as an asset for consumption in the form of jewellery but also for investment purposes....

Section 43B of income tax act provides for deduction of a few statutory expenses in the year in which the expense is paid. This means an assessee can claim a few expenses on a payment basis and not on an...