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Tax implications: Here s what you can do when transferring money to your spouse goes beyond basic expenses

Transferring money to your spouse for groceries and other bills typically flies under the tax radar. But anything beyond that may land you in the tax net - Issue Date: May 12, 2024

Renting a furnished house; Will a separate rent agreement for fixtures help in saving taxes?

House rent: A landlord might be inclined to charge an higher rental for his/her furnished flat as tenants prefer to stay hassle free and in an homely environment with all the amenities. Experts suggest that a landlord create two separate rent agreement-one for the house rent and another for the rent for furnishings- bed, geyser, mattress, etc.

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