These banks are offering high interests as 7.25% on savings accounts

These banks are offering high interests as 7.25% on savings accounts The Indian account holders are the current king of banking ­ an industry least likely to favour individuals when borrowing isn’t cheap and savings rates trail headline inflation. But competition has made new banks generous with deposit rates, although the longevity of these offerings […]

70% of all goods and some consumer durables to become cheaper under proposed GST regime

70% of all goods and some consumer durables to become cheaper under proposed GST regime A number of goods such as cosmetics, shaving creams, shampoo, toothpaste,soap, plastics, paints and some consumer durables could become cheaper under the proposed goods and services tax GST regime as most items are likely to be subject to the rate of […]

Fake rent receipt won’t help you lower tax burden anymore

Fake rent receipt won’t help you lower tax burden anymore For as long as anyone can remember, producing of Fake rent receipt, often from parents and relatives, has been an easy way to lower tax burden. Such cavalier disregard for tax rule was overlooked by most employers as well as taxman, who possibly felt it […]