Is 20% TCS Rule (of LRS) applicable on Credit Card Spends Abroad from 1st July 2023?

For those Indians who spend money abroad, the Budget 2023 had something in store. The government announced significant modifications in LRS rules and more importantly, that 20% TCS will be applicable on all Foreign Remittances from 1st July 2023. Let’s…

7 Best Investment Options for Salaried Indians (2023)

When we Indians start earning for the first time, the first brush with savings happens via EPF deductions. Your salary is automatically deducted and some amount goes towards your EPF corpus. Then comes the first tax-saving season. When we wake…

How to Claim deduction on Home Loan Interest for Under-Construction House (2023)?

Many buyers prefer to opt for under-construction properties as the prices of such properties are lower than the prevailing market rates of ready-to-move-in properties. So it's more affordable for them as they would need to take a smaller home loan…