Comparison of KVP, NSC, PPF and Bank FDs
On 18th November 2014, Government of India launched Kisan Vikas Patra (KVP) with much fanfare. This is considered as safest […]
Tax Planning
This all about Income Tax
Section 80GG Deduction-Get Tax Benefit on rent paid if not getting HRA !!!
All salaried are very much familiar with HRA and how to get the benefit of the rent they pay. However,
Best Tax Saving investment plans and ideas in India
Few might have already started their tax planning from the beginning of a year, i.e. from the April month itself.
Excel PPF Calculator-Calculate goal, loan or withdrawal amounts
It is hard for PPF investors to find the online calculator, which can calculate your goal, choosing investment options like
Section 80C limit raised to Rs.1,50,000-Boon or Bane?
In this year’s budget Finance Minister raised Sec.80C limit from existing Rs.1,00,000 to Rs.1,50,000. With this great news, plenty of
Budget 2014-Debt Mutual Funds Taxation
There was huge cry and discussion going on in all platforms of planners that Budget 2014 will impact Debt Fund
New Tax slabs for FY 2014-15 (AY 2015-16)
In today’s budget there is no major changes when it comes to tax slabs for individuals. Also Finance Ministry retained
Budget 2014-15-Highlights and effect on your Finance
Today is a big day when it comes to hopes from Modi’s first Budget. It is testing period for his
Income Tax Return Filing AY 2014-15-Which forms to use?
It is once again time for filing IT return. If you have only one source of income then there will
Income Tax Return Filing-Do you know TRPS (Tax Return Preparer Scheme)?
Once again it is the beginning of tax filing season and for few it is yearly headache. So to make
Interesting facts about SALARY !!
We all receive salary every month but only few know about the meaning of salary as per Income Tax Department.
How to find Income Tax ward and circle?
With the advent of online tax filing it is much easier task to file your returns. But sometime there may
All about new Mutual Fund Linked Retirement Plan (MFLRP)
Recently SEBI proposed (on 13/02/2014)Â one of the wonderful pension product called Mutual Fund Linked Retirement Plan (MFLRP). The main emphasis
All about Tax Liability on Equity Share Trading
Do you know there are different tax rules for equity investor and equity trader? Equity Investment is treated as Capital
Tax Planning
Leave Travel Concession (LTC) rules and applicability
Recently you might have noticed that few PSU employees misused the Leave Travel Concession (LTC) component of their salary by
Insurance Planning, Tax Planning
Tax Benefits of Life Insurance
It is commonly known fact and widely utilized tool that life insurance is a best tax saving option. But only
Tax Planning
Know all about-TDS on Immovable Property transaction
Effective from 1st June 2013, TDS (Tax Deducted at Source) will be applicable on the buying of immovable property valued
Tax Planning
TRACES-View TDS and TCS online (Form 26AS)
Recently Income Tax Dept. set up a new portal called TRACES (TDS Reconciliation Analysis and Correction Enabling System) to view
Tax Planning
How to file revised income tax return?
Few tax payers either don’t know or are hesitant to file revised return when they find some mistakes in their original return.
EPF and PPF, Tax Planning
Taxation of Employee Provident Fund (EPF)
In today’s post we see the taxation issue related to EPF. Lot of employees simply either neglect it or will
Tax Planning
Budget 2013-14-Implications on your Personal Finance
It is common to all of us to seek more concessions from every budget government present. But at the same
Tax Planning
Income Tax Sparsh-Register and Track status of PAN Card Complaints
Income Tax Department recently started the PAN related complaint grievance cell called Income Tax Sparsh. You can register and check the
Tax Planning
SBI Tax Saving Deposit-Why effective yield is so high?
Look at below advertisement from SBI Bank. You may surprise to see effective  returns from Tax Saving FDs are showing
Tax Planning
Error in E-filing of Income Tax? Now rectify under Sec.154 application.
It is common to make clerical mistakes when you are e-filing your IT returns. Reasons may be you are totally