A lethal cocktail of high prices, drying up of bank lending and government efforts to reduce black money may combine to produce what many have anticipated -- in vain -- for long: a crash in realty prices in the country's metropolitan cities.
From Form 16 to tax saving investment proofs, a list of documents you need to have by your side while filing ITR
The new guidelines kicked in from this Monday and applies to all cases for compounding received on or after June 17 The revised guidelines issued by the Income Tax Department have made serious offences under black money and benami laws 'generally' non-compoundable
Some people said they want the new finance minister to further increase the basic exemption limit from Rs 2.50 lakh to Rs 5 lakh. A few others want the government to increase income tax deduction under Section 80C of the Income Tax Act.
Buyers using credit need to be cautious of the fact that they don’t end up in a debt trap. Here are ways to manage debt better even while using a credit card.
An EPFO subscriber can take non-refundable PF advances during the service period for s purposes Under the Provident Fund scheme, you can take both refundable and non-refundable loans
The number of tax deduction limits have been increased under income tax rules that will be effective from the financial year 2019-20 or (the accounting year 2020-21). The low and middle-income group will be the biggest beneficiaries of the new tax rules.
Like most other goals, a high quality education goal(s) can be achieved, with the right planning, discipline and execution
ESI scheme being contributory in nature, all the employees in the factories or establishments to which the Act applies shall be insured in a manner provided by the Act.
India Budget 2019: Assocham has demanded that the deductions under the Section 80C of the Income Tax act should be increased to Rs. 3 lakh.
Make sure you call and inform the insurer of your health-related emergency and which hospital you are going to be admitted in.
While finding the perfect gift is anyway a difficult task, what’s more difficult is finding a meaningful gift that would express your heartfelt love for your father.
When it comes to taxation, we often tend to use the terms tax credit and tax deduction interchangeably. However, are these two the same?
Investments have three characteristics: safety, income and growth. The first thing you need to decide is which of these three characteristics is most important
Often people don’t save and plan for their retirement, assuming that when the time comes, employer benefits will be enough. However, they will not cover all your retirement needs.
Income tax rules (interim Budget 2019): Careful planning of investments can lead to a significant reduction in the assessees' tax outgo, say experts.
As per IRDA proposal, if your policy has completed 8 years, your health insurance claim cannot be contested. So, your claim won’t be rejected from the 9th policy year unless you have indulged in fraud or are making a claim for a permanent exclusion.
TDS needs to be 31.2% of the rent, unless the NRI landlord furnishes a certificate stating that his total income in India is estimated to fall below the tax exemption limit Failing to deduct TDS from an NRI landlord can also attract a penalty equal to tax not deducted under Section 271C of the Act
The government is looking at the possibility of introducing a tax on those withdrawing Rs 10 lakh in cash a year as it seeks to discourage the use of paper currency, crack down on black money and promote use of digital payments for all manner of transactions.
LIC insurance policy: LIC Jeevan Labh policy can be purchased any individual between the age group of eight and maximum of 59 years.
You can significantly reduce your income tax outgo if you use the perquisites provided by your employer in the right way.
The concept of financial freedom need not be associa-ted with early retirement only
If you are using online Self Service Update Portal (SSUP) to update your Aadhaar or you want to use Aadhaar SMS service, your mobile number should be registered with Aadhaar.
To sustain a claim under the accident benefit cover, it must be established that the assured has sustained a bodily injury which resulted solely and directly from the accident. There must exist a proximate causal relationship between the accident and the bodily injury. Moreover, the accident must be caused by outward violent and visible means
The Income Tax department has revised Form 15H to incorporate changes made in the interim budget The old Form 15H did not took into account the maximum allowable rebate of ₹12,500
PF members are allowed to fully or partially withdraw balance from their account To apply for such withdrawal online, the subscriber must have an active UAN (Universal Account Number)