Other Incomes
In India, saving is often prioritized over spending. Interest income is the money you earn from investments like fixed deposits, bonds, savings account, etc...
Wed, 16 Oct, 2024 at 4:59 PM
A family pension is the money received by family members after the death of a government employee or other eligible individuals. It is paid to support the f...
Wed, 16 Oct, 2024 at 5:01 PM
Companies pay dividends to their shareholders as rewards from their profits. Shareholders receive dividends based on the number of shares they own. This inc...
Wed, 16 Oct, 2024 at 5:03 PM
Everyone loves receiving gifts, but did you know some gifts might be taxable? If you receive gifts worth more than ₹50,000 in a year, you’ll need to rep...
Wed, 16 Oct, 2024 at 5:09 PM
Exempt income refers to incomes that are tax-free. But you still need to include it in your tax return. Examples include gifts, certain government bond inte...
Fri, 18 Oct, 2024 at 2:54 PM
Royalty income is the money earned when someone pays you to use something you own, like a patent, copyright, or natural resource. For example, when authors ...
Fri, 18 Oct, 2024 at 3:00 PM
You can claim certain expenses against Other Incomes in your tax return, including: Interest on loans: If you've taken a loan to earn income from i...
Fri, 18 Oct, 2024 at 3:07 PM