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10 October 2018, Wednesday

5 Things to Know Before Buying Endowment Plan

Endowment plan is a type of Life Insurance Policy which offers not only insurance, but also an opportunity to save regularly and earn returns. Part of ...
#Mutual Funds #Endowment Life Insurance #Section 80c #Endowment life plans #ULIPS #Income Tax Act #Stock Markets #Endowment Plans #Rider Premium Charges #Buying Endowment Plan #Why Should You Buy An Endowment Plan? #Features Of The Endowment Plan #5 Things To Know Before Buying Endowment Plan

Article

 

08 October 2018, Monday

HUF - Hindu Undivided Family Act And Its Tax Benefits

Hindu Undivided Family (HUF) consists of all persons who have descended from a common ancestor. In o ...
#HUF #Income Tax Act #Hindu Undivided Family #Members Of An HUF #How Is An HUF Formed #Documents Required To Form An HUF #Disadvantages Of Forming An HUF #Taxation Of HUF #Individual Property #Investment Of Funds

Article

 

29 September 2018, Saturday

Secured vs Unsecured Loans

Whenever a person is in need of money, the first thing that comes to mind is a loan. There are many banks and financial institutions that give loans d ...
#Education Loan #Home Loan #Personal Loan #Credit Score #Gold Loans #voter ID #Section 80c #Income Tax Act # Unsecured Loans #Secured Loan #Aadhar card #Pan Card #Bank Statements #Small Businesses #Loan Against Property #Peer To Peer Lending #Avail A Personal Loan #Secured Personal Loans #Unsecured Personal Loans #Repayment Of A Home Loan #Payday Loans #Avail Payday Loans #Secured VS Unsecured Loans

Article

 

14 September 2018, Friday

EPF Withdrawal Rules 2018

Employees’ Provident Fund (EPF) is a social security scheme for retirement that is available to all salaried employees. It a scheme managed by t ...
#EPFO #Section 80c #Financial Planning #epf #Vpf #Tax Benefits #EPF withdrawal #PF #ETF #Income Tax Act #Retirement Planner #EPF Interest Rate #EPFO Members Portal #PF Withdrawal #Retirement Investment Plan #EPFO Schemes #Epf Withdrawal Rules #Pf Withdrawal Rules #EPFO Aadhaar Link #EPFO Website #EPF Account #EPF Accounts

News

 
Father's name not mandatory for PAN

Monday, September 3, 2018, 9:47 AM

Father's name not mandatory for PAN

The government has proposed to amend rules under the Income Tax Act to ensure that children of single mothers do not face problems in securing a PAN (Permanent Account Number). PAN is compulsory for financial transactions like receiving salary and buying gold above specified limits. In April, IT department recognised transgenders as an independent category of applicants for securing PAN.
#General #Government #Income Tax Act #Pan Card

Article

 

17 August 2018, Friday

Smart Ways To Reduce Your Taxable Income

  If you don’t plan taxes well, be ready to pay more. To plan taxes, you have to know certain income tax laws, provisions and Sections. ...
#Health Insurance #Education Loan #Tax Planning #Income Tax #Senior Citizens #Section 80c #Tax Benefits #Section 80D #Health Care #Tax deduction #Income Tax Act #Taxable Income #Home Loan Repayment #Home Loan EMI #Section 80CCC #Smart Ways To Reduce Your Taxable Income #Section 80GG #Charitable Donations

Article

 

24 July 2018, Tuesday

Documents Needed When Filing ITR

  31st July, the last date to file Income Tax Returns (ITR) is soon approaching. There is still time to avoid paying a penalty or receiving ta ...
#Tax Planning #PAN #Section 80c # Income Tax Returns #ITR #TDS #Section 80e #Section 80D #Income Tax Act #Aadhar card #Form 26AS #Section 80U #Filing ITR #ITR Form 1 #Capital Gains #Form 16 #Section 139AA #Form 16A #TAN #Interest Certificates #Form 16B #Form 16C #Section 80CCC #Section 80CCD(1) #Home Loan Statement #Section 24 #Salary Slips #Adhaar Enrollment ID

News

 
From 226 at launch, only 35 goods left in highest tax bracket of GST

Monday, July 23, 2018, 11:31 AM

From 226 at launch, only 35 goods left in highest tax bracket of GST

The GST Council has pruned the 28% slab by cutting rates on 191 goods over the past one year, leaving just 35 items in the highest tax bracket. The items remaining in the 28% bracket include automobiles, digital cameras, tyres, yachts, aircraft, aerated drinks and cigarettes. The Council on Saturday cut rates on TV, fridge and washing machine among others.
#GST #Automobile #General #Income Tax Act #Digital Camera #AC #Video Recorders #Dishwashing Machine #Highest Tax Bracket

Article

 

20 July 2018, Friday

Income Tax Return Filing: Missed Income When Filing ITR

  You and other salaried employees are getting ready to file ITR. There is a tendency among ...
#Mutual Funds #Tax Planning #STCG #LTCG #ITR #FD Interest #TDS #Debt Funds #Gifts #Income Tax Act # Income from other sources #Income From Salary #Income From House Property #Capital Gains #Form 16 #Equity-oriented Funds #Income Tax Return Filing #Missed Income When Filing ITR #Profits Or Gains Of A Business Or Profession #SB Interest #Section 80TTA #Income Of A Minor Child #Notional Rent

News

 
CBDT aims to add 1.3 crore new income tax filers in this year

Friday, July 20, 2018, 1:33 PM

CBDT aims to add 1.3 crore new income tax filers in this year

Nearly 1.3 crore new income tax (I-T) filers are expected to be added during the current financial year 2018-19. A target of 6.7 lakh new filers has been set for Mumbai and about 7 lakh for Delhi. According to the action plan, new I-T filers are those who were not included in the base of taxpayers at the beginning of the financial year.
#General # Income Tax Returns #Delhi #CBDT #Mumbai #Income Tax Act #Finance
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