- 11
- Oct
TAXATION ON MATURITY OF INSURANCE POLICY
Many people buy insurance policies just to save on taxes. But this is not advisable as the real purpose of insurance is to secure your dependents financially.
Many people buy insurance policies just to save on taxes. But this is not advisable as the real purpose of insurance is to secure your dependents financially.
Futures and Options are the major types of stock derivatives trading in a share market. These are contracts signed by two parties for trading a stock asset at a predetermined price on a future date.
The Finance Act, 2020 has introduced a New Tax Regime by inserting a new Section 115BAC -Tax on Income of Individuals and Hindu Undivided Family under the Income Tax Act, 1961 w.e.f. Assessment Year (AY) 2021-22 i.e.