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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 ...

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 ...

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 ...

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 ...

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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.

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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. ...

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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 ...

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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.

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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 ...

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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.

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