Through this blog we shall give a detailed analysis on House Rent Allowance or HRA, rules related to HRA and HRA Exemption. If you are a salaried employee, you might be receiving your monthly salary slips consisting of various components that form part of your Total monthly salary. Have you ever wondered what does the small … Read more
Are you looking for exclusive details on Non resident Indians or NRIs, Tax on NRIs, Which income of NRIs is taxable and related queries. You have landed at the perfect place to get answer to all your queries. Keep reading further to grab all these details… One of my friends got a good job opportunity … Read more
The Income Tax Act is one such law in India that has utilised all means and all ways to tax your income. One such provision in this act is the Capital Gains tax, a tax which many experts argue over why does it even exist in place. The best argument in support of their claim … Read more
We all love hearing the word “Tax free”? Right! So, we thought of sharing a list of few Tax free Incomes in India to help you lower your tax burden to some extent. Income tax…This one word gives you a feeling to shed extra money out of your pockets. Hearing this, you hesitate, you get … Read more
Fixed Deposit is a financial instrument that provides the opportunity to invest your money for a particular period of time and you earn fixed interest over your invested amount. You can open a Fixed Deposit in a bank and enjoy a fixed rate of return based on the type of Fixed deposit and the tenure for … Read more
Through this blog you shall become familiar about GST or Goods and Services Tax: Impact of GST on common man. What are the advantages and disadvantages of GST in India. How it will impact our the life of a common man? How the common man will benefit from GST ? GST or Goods and Services … Read more
Mutual funds are instruments that pool in savings of various investors to invest them in shares, debt securities,money market securities etc. Mutual funds further invest your money in : Debt Instruments – Debt Mutual Funds. Equity – Equity Mutual Funds. You have been advised many times to invest your money in mutual funds by various … Read more
GST or Goods and Services Tax Bill,a long pending bill,finally got its historic day after being passed by two-thirds majority in the Rajya Sabha.GST has been the talk of the town and the current hot topic being discussed everywhere in India. Getting a green signal for GST or Goods and Services tax in India is … Read more
Government is bringing the long pending and the most crucial Goods and Services Tax bill to Rajya Sabha for approval and seems quite confident of passing of this bill.The monsoon session of the Parliament ends on 12th August 2016,so the government is keen in presenting the bill at the earliest. With all eyes set on … Read more
An important method for efficient Tax Planning is to claim the benefit of the available Income Tax Deductions Under Chapter VI A of The Income Tax Act. Here, we shall be highlighting one of the popular Deductions: Tax Deduction Under Section 80 C. So, are you new to the Tax world? Do you have any idea … Read more