Since F&O income is considered business income in taxation, most traders resort to section 44-AD of the Income Tax Act to file their taxes. CA Naveen Wadhwa, Vice President at Taxmann discusses with Aprajita Sharma of Mint Money why this practice falls under tax evasion. He says the Income Tax Department may send notices and levy penalties if it finds a major difference between the tax liability and the total tax paid. Tune in now for expert tips!!
Choosing a financial advisor is not an easy decision to make. While there are good advisors out there, it’s not uncommon to hear about fraudulent advisory firms cheating people out ... Read more
Choosing a financial advisor is not an easy decision to make. While there are good advisors out there, it’s not uncommon to hear about fraudulent advisory firms cheating people out of their money. If you don't know what you are doing, you can end up entrusting your money to a dishonest or incompetent advisor, who can do more harm than good. Before you make your choice, here are five questions to ask yourself, to help you select the right advisor Read more
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