DSIJ Mindshare

Retired persons drawing monthly pension after retirement can claim various deductions and exemptions under various sections of the Income Tax Act. Let us take a look at all the exemptions and deductions available for the retirees that can help them save on their income tax.

Home loan borrowers are at a loss when it comes to deciding which one to choose between the two. Most find that the fixed rate home loans come at interest rates that are usually higher than the floating rate, so they might be instinctively tempted to go for home loans with floating rate of interest.

You have filed your income tax return (ITR) before the due date but later you find that you have omitted certain deductions for which you were eligible or have claimed wrong deductions or have committed certain errors in the ITR and, therefore, you are wondering whether you would get notice from the IT department.

India is the second largest manufacturer of H-acid globally after China. This industry is witnessing a good time, following China's crackdown on local industry to lower pollution.

Sensex reclaimed 38,000 mark and hit 38,022, but could not sustain and closed at 37,948, registering 0.75 per cent gains from its previous close. With Sensex trying a bounce back, more than 20 per cent stocks listed on the index hit 52-week high on the last trading day of the week.