Through this blog we shall be highlighting a very important deduction: Tax deduction Under Section 80E of The Income Tax Act related to Interest on Education loan. Education is quite an expensive affair these days, especially if one has to pursue higher education in India or abroad. We have to shed loads of money from … Read more
If you are a salaried individual you might have heard of Leave Travel Allowance or LTA. This is sometimes also referred as Leave Travel Concession or LTC. LTA or LTC is a very important component of your salary and you can save some of your taxes, if you avail the benefit in a correct manner. … Read more
You might have heard a lot of times that ” Books are our best friends “ since your childhood days. And truly, for the ones who love reading, books indeed prove to be their real friends. Wait…I am not talking about any school books or professional course books…I know you might have crossed that phase … Read more
Investing in Post Office Small Saving Schemes or Post Office Schemes as we simply refer, is a common practice amongst people of India especially those who look for assured returns. The Government also encourages potential investors to save money out of their monthly earnings and invest wisely so as to have a financially secure after-retirement life. … Read more
Are you thinking about How to invest your money ? Want to get some investing tips to help you plan your investments ? Looking forward to have proper financial planning ? If yes… Have a look at the Investing Basics or Investing tips you need to know before investing your money anywhere. Whether you are … Read more
Through this blog we shall make you know What is TDS ? You can also checkout the TDS rate chart and other necessary provisions related to TDS. What is TDS ? TDS or Tax Deducted at source is a way or mode to collect Income tax at source i.e. tax is deducted at the original … Read more
We all look for quick and easy ways to earn money. What if these ways help us to make money that too from home without any big investment? So simple our personal as well as financial life would become then. Isn’t it? Many of you might have landed on this blog while searching “easy ways to … Read more
One of the primary sources of government revenue is “tax” that helps in smooth functioning of a country’s economy. Tax is imposed on physical as well as non-physical items and this is where indirect taxes comes into the picture; they are valid for both goods and services. VAT, customs duty, excise duty, and CST are charged … Read more
Have a look at the below Financial Pyramid : Save, Plan & Invest wisely for a secure financial future. Financial planning is an essential part of your life.If you handle your personal finances carefully and systematically you can grab the key to financial freedom easily. Grab the key to financial freedom and meet your financial … Read more
On 8th November,2016 at 8 p.m. came a historic move that took the whole of India by surprise. The announcement that old currency notes of the denomination of Rs.500 and Rs.1000 shall be abolished from 9th November,2016 onwards…a bold step by the Government. The Government has given a time period of 50 days starting from … Read more