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Finance Insights — Page 48 of 67

Articles 1881–1920 of 2673, covering Income Tax and more.

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Income Tax
Got Paid to Vacate a Rented Flat? How Surrender of Tenancy Rights Is Taxed

In cities with old rent-controlled buildings, it is common for landlords or developers to pay long-standing tenants a substantial lump sum to vacate, often as…

Income Tax
Received Enhanced Compensation for Acquired Land, With Interest? Here Is How the Interest Portion Is Taxed

When land is compulsorily acquired by the government and the landowner disputes the initial compensation amount, court proceedings can take years, sometimes…

Income Tax
Selling Carbon Credits: How Is the Income Taxed for Indian Businesses?

A manufacturing unit that invests in cleaner technology, a renewable energy project, or a forestry initiative can generate carbon credits, tradable…

Income Tax
Earning Through Affiliate Links and Referral Programs? How This Income Is Taxed

A blogger who earns commissions every time a reader clicks through an affiliate link and makes a purchase, or someone who shares a referral code for a…

Income Tax
Is a Scholarship Taxable? How Educational Scholarships Are Treated Under Income Tax

A student who receives a scholarship, whether from the government, their educational institution, a private trust, or a corporate CSR programme, naturally…

Income Tax
Received Compensation From a Motor Accident Claim? Here Is the Tax Treatment

A road accident victim, or the family of someone who has passed away in one, who eventually receives a compensation award from a Motor Accident Claims Tribunal…

Income Tax
Won a Lawsuit or Settled Out of Court? How the Money You Receive Is Taxed

Whether it is a business that wins damages from a supplier for breach of contract, or an individual who settles a dispute with a builder, an employer, or a…

Income Tax
Running a Beauty Parlour or Salon? How Your Income Is Taxed, and Can You Use Presumptive Taxation?

Whether it is a small neighbourhood beauty parlour, a unisex salon, or a home-based service offering grooming and styling appointments, this is, for tax…

Income Tax
Running a Dairy or Poultry Farm? Why This Income Is Not 'Agricultural Income' for Tax Purposes

Agricultural income enjoys a favourable position under income tax law, broadly exempt from tax. It is a common assumption that any income connected with…

Income Tax
Running a Home Bakery or Cloud Kitchen? Here Is How Your Income Is Taxed

What often starts as baking cakes for friends and family, or cooking a few extra meals to sell to neighbours, can grow into a steady home bakery or cloud…

Income Tax
Switching Between Mutual Funds? Why It Is a Taxable Event, Even Without Withdrawing Cash

Many investors switch mutual funds for perfectly sensible reasons: moving from a regular plan to a lower-cost direct plan of the same scheme, consolidating…

Income Tax
Earning as a Yoga or Fitness Instructor? How Your Income Is Taxed

A yoga teacher running batches out of a studio, a personal trainer who travels between clients' homes, or a fitness instructor who works across multiple gyms…

Income Tax
Stridhan: Are Gifts and Jewellery Received by a Woman at Her Wedding Taxable?

Indian weddings often involve substantial gifts of jewellery, cash, and other valuables given to the bride by her parents, in-laws, relatives and friends…

Income Tax
Subscribed to a Chit Fund? How the Dividend and Prize Money Are Taxed

Chit funds remain a popular savings and borrowing mechanism in many parts of India, a group of subscribers contribute a fixed monthly amount, and each month…

Income Tax
Running a Drone Photography or Videography Business? How This Income Is Taxed

Drone technology has opened up a niche but growing line of work, aerial photography and videography for weddings and events, drone-based surveying for real…

Income Tax
Working as a Freelance Translator or Interpreter? How Your Income Is Taxed

Translators and interpreters often work across borders by the nature of the job itself, translating documents for an overseas law firm, interpreting at a…

Income Tax
Renting Out a Houseboat or Vacation Home on Airbnb? How This Income Is Taxed

From houseboats in Alleppey and Kashmir to cottages in the hills and city apartments listed on Airbnb, short-term vacation rentals have become a meaningful…

Income Tax
Earning Money by Putting Ads on Your Car? How This Income Is Taxed

Several companies now offer to pay car owners a monthly amount in exchange for wrapping their vehicle in branded advertising and driving around as usual. It…

Income Tax
Selling a Timeshare or Vacation Ownership Membership? How the Gain Is Taxed

Timeshare and vacation ownership memberships, where a buyer pays an upfront amount (and often ongoing maintenance fees) for the right to use resort…

Income Tax
Earning From Paid Surveys, Reward Apps or Microtask Platforms? Is This Income Taxable?

Survey apps that pay a few rupees for answering questions, reward platforms that convert points into cash or vouchers, and microtask websites that pay small…

Income Tax
Earning From Google AdSense or Blog Sponsorships? How Blogging Income Is Taxed

Long before YouTube and Instagram, blogging was the original creator economy, and for many bloggers it remains a steady source of income through display…

Income Tax
Running a Paying Guest (PG) Accommodation or Hostel? How This Income Is Taxed

In cities with large student and working-professional populations, running a Paying Guest (PG) accommodation or a hostel has become a common small business…

Income Tax
Selling Your Photos on Stock Photography Websites? How This Income Is Taxed

Photographers and videographers, both hobbyists and professionals, increasingly upload their work to stock content platforms, earning a small royalty each time…

Income Tax
Selling an Online Course, E-book or Digital Template? How This Income Is Taxed

Creating an online course, writing an e-book, or designing digital templates (spreadsheets, presentation decks, design assets) and selling them through your…

Income Tax
Earning Royalties as a Songwriter, Composer or Music Producer? How This Income Is Taxed

Songwriters, composers, and music producers earn income through a web of royalty streams: streaming royalties from platforms like Spotify and YouTube Music…

Income Tax
Selling a Painting, Antique or Art Collection? How the Capital Gain Is Taxed

A family heirloom painting, an antique clock passed down for generations, or a contemporary artwork bought as an investment, when any of these is sold, the…

Income Tax
Payment Received for Surrogacy or Egg Donation: Is It Taxable Income?

Surrogacy and egg donation arrangements involve a payment from the intended parents (or a fertility clinic) to the surrogate or donor, intended to cover…

Income Tax
Working as a Model? How Modelling Income, Including Foreign Assignments, Is Taxed

Models earn through a variety of assignments, print and e-commerce photoshoots, ramp shows during fashion weeks, television commercials, and brand campaigns…

Income Tax
Running a Pet Breeding Business? How This Income Is Taxed

Breeding dogs, cats, or other pedigreed animals and selling the offspring has grown from a niche hobby into a proper small business for many enthusiasts, with…

Income Tax
Running a Small Restaurant or Cafe? How Income Is Taxed and When Presumptive Taxation Applies

From a small neighbourhood cafe to a full-service restaurant, running a food and beverage establishment involves significant day-to-day costs, ingredients…

Income Tax
Running a Food Truck Business? How Income, GST and Expenses Are Taxed

Food trucks have become a popular entry point into the food business, lower setup costs than a full restaurant, the flexibility to move to where the footfall…

Income Tax
Running an Event Management or Wedding Planning Business? How Income Is Taxed

Event management and wedding planning businesses earn through a mix of planning fees, markups on vendor services they coordinate (decor, catering, photography…

Income Tax
Running a Self-Drive Car Rental Business? How This Income Is Taxed

Self-drive car rental, where a customer rents a vehicle and drives it themselves, has grown through both independent operators and aggregator platforms that…

Income Tax
Running a Used Car Dealership? How Buying and Reselling Vehicles Is Taxed

Buying used cars, reconditioning them, and reselling at a margin is a sizeable business in India, ranging from small independent dealers to larger organised…

Income Tax
Earning From Twitch, Game Streaming, or Live Donations? How This Income Is Taxed

Game streamers earn through a distinctive mix of revenue streams not seen in quite the same combination elsewhere in the creator economy: viewer subscriptions…

Income Tax
Running a Driving School? How This Business Income Is Taxed

Driving schools earn a steady, recurring income from a population that constantly needs to learn to drive and obtain licences. The business model typically…

Income Tax
Renting Out a Banquet Hall or Party Lawn? How This Income Is Taxed

Owning a banquet hall, party lawn, or marriage venue and renting it out for events is a common income source, particularly for families with property suited to…

Income Tax
Running a Coworking Space? How Rental and Membership Income Is Taxed

Coworking spaces have grown rapidly as flexible alternatives to traditional office leases, serving freelancers, startups, and even larger companies needing…

Income Tax
Running a Solar Panel Installation Business? How This Income Is Taxed

India's push toward rooftop and ground-mounted solar adoption, supported by various subsidy and incentive schemes for residential and commercial installations…

Income Tax
Running a Laundry or Dry Cleaning Business? How This Income Is Taxed

Laundry and dry cleaning has moved well beyond the neighbourhood shop, with app-based pickup-and-delivery services, subscription plans for regular customers…