Looking for the highest paying tax funds? These are the top 4 schemes The last date for investment for tax savings in the context of the financial year 2020-21 is 31 March 2021. Have you completed a tax-saving investment for FY 2020-21? If not then hurry up. The last date of investment for tax savings […]
Section 80CCD – National Pension Scheme There are 770 lakhs registered individual taxpayers as per CBDT (Central Board of Direct Taxes). Individual Taxpayers always in worries about the burden of Direct Taxes. There are numerous provisions under the income tax act 1961 which provide the Tax relief to the different type of assessee whether by […]
Tax Benefits related to rent paid,PPF and National Pension System Tax benefits in respect of rent paid Section 10(13A) of the Income Tax Act provides for Tax Benefits to a salaried person in respect of rent paid for a rented accommodation occupied by him if he is in receipt of House Rent Allowance (HRA) called […]
Term Insurance from an Agent or through Online Term Insurance are one of the best types of insurance, owing to the low premium cost and high-value cover. Such plans offer financial security to your loved ones in the case of your sudden demise.
Save tax in FY 2017-18 with 6 investments with tax free income While investing in a tax saving instrument or for that matter any investment, it’s important to keep an eye on the taxability of its income. If the income earned is taxable, the scope to build wealth over long term gets constrained as taxes […]
Current Scenario of Indian Education System Every creature on this planet is actively engaged in their life race, starting from the fulfillment of their day-to-day requirements to their aim of achieving the so-called lifetime goals, and we human beings are no exception to that. India, the second most populated country in the world with 125 […]
Determination of cost of improvement of old or inherited land/building in absence of documents The question arises specially where the land and building are old one or inherited and sold. In general for old contraction or improvements, assessee does not have any evidence or documents to prove the cost of construction improvement.