The Chapter VI-A of the Indian Income Tax Act provides various deductions for contribution towards Pension Plan. Specifically speaking, these deductions are offered under Section 80C, Section 80CCC and Section 80CCD which can be claimed when one files the income tax return. [Read more…]
In India, there are Lakhs of professional workforce who are employed in a big firm or small one. These are known as “salaried employees” who earn different amount of money depending upon their job profile, skill levels, and experience. [Read more…]
It has been over 150 years to Department of Posts in India.
It is regarded as one of the primary channels of India’s communication structure. [Read more…]
Are you having questions pertaining to Advance Tax?
Do you want to have clarity about Advance Tax? [Read more…]
Well, every one of us loves to receive gifts. Gifts are one of the ways for showing your love and affection towards your near and dear ones. [Read more…]
Capital Gains is the term used to define the profit that the investor makes by selling the capital asset for a price that is higher than its purchase price. It is the increase in the value of a capital asset (that can be in the form of an investment or real estate) that provides it a higher value than the purchase price. [Read more…]
GST or Goods & Services Tax Law is a historic step towards indirect taxation system in India. It is all set to revolutionize the way in which India does it taxes. GST came into effect on 1st July 2017 and is applicable throughout India. It will replace multiple cascading taxes which are levied by the Central and State Governments. [Read more…]
Nowadays employers provide different benefits to their employees. The idea is to reduce attrition and propel employees to stay for a longer period with them. A Superannuation Fund is one of the means which employers use to provide benefits to its employees. [Read more…]
Invariably everyone wants to get rich and wealthy. But is becoming a millionaire really difficult?
The answer is “No.” [Read more…]
Probably the best option to save money and start investing is to have a Savings Account in a bank. It is the type of account that offers many benefits and helps you to build your savings and investment portfolio. [Read more…]