Mutual funds have multiple tax advantages over bank fixed deposits

Mutual funds have multiple tax advantages over bank fixed deposits A lot readers don’t really understand how mutual funds attract tax advantages with less taxation, so here’s a detailed explanation of the entire mechanism. In three years, falling interest rates have knocked off around 40% from the annual income that a FD would yield. That’s […]

Access I-T return filing account without updating contact profile details

Access I-T return filing account without updating contact profile details The income tax department has relaxed to updating contact profile details the ‘compulsory/forcible’ updation of tax payer details on its return filing website. When this new requirement was introduced on September 22, a tax payer was unable to log in to their e-filing account without […]