Sold a Property? Here’s How to Report Capital Gains (or Losses) in Your ITR

Selling a residential or commercial property is a big financial event—and it often triggers a capital gains tax liability. Whether you've made a profit or loss, the Income Tax Department…

Continue ReadingSold a Property? Here’s How to Report Capital Gains (or Losses) in Your ITR

How to File ITR if You Have Both Salary and Freelance Income

In today’s economy, many professionals are no longer dependent on a 9-to-5 job. You're not alone if you're working full-time but also doing freelance work, like consulting, content writing, design,…

Continue ReadingHow to File ITR if You Have Both Salary and Freelance Income

Inheriting Property in India as an NRI? TaxVic Explains What to Do Next

Is Inheritance Taxable for NRIs in India?No, there is no inheritance tax in India, even for NRIs. You are not liable to pay tax when you inherit a property from a…

Continue ReadingInheriting Property in India as an NRI? TaxVic Explains What to Do Next