Q.Mrs.Roshni receives FD interest of Rs.14500 in FY 2015-16.Can she claim deduction U/s 80 TTA?
Ans.No,since it is FD interest, Mrs.Roshni cannot claim deduction U/s 80 TTA.This deduction is available only on interest earned on … Read more
Ans.No,since it is FD interest, Mrs.Roshni cannot claim deduction U/s 80 TTA.This deduction is available only on interest earned on … Read more
Ans.No,a gift received from a friend on the occasion of marriage is not taxable in the hands of recipient.Hence,gift received … Read more
Ans.The new service tax rate @15% is applicable from 1st June 2016.This includes Service tax @ 14%, Swachh Bharat Cess … Read more
Ans.Buying a car in the next 3 years, is basically a short term objective that can be achieved by investing … Read more
Looking for the best tax saving options in India, you have landed at the correct place. You shall know about … Read more
In a recent amendment,the Income tax department has tightened the procedure for claiming tax exemptions and deductions by the salaried … Read more
Service tax is paid by the service provider or the recipient of services in some cases.When service tax was introduced … Read more
We as parents can do anything for the personal and financial security of our children. Similarly, our parents must have … Read more
SIP,this is a common word you often tend to hear these days.But,still many of us are either not aware or … Read more
Through this blog you shall become familiar to What is a Long term Investment? What are the different best long … Read more