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…]
HUF or Hindu Undivided Family is one of the most effective and legal ways for saving tax. The Income Tax Law provides the provision of HUF or Hindu Undivided Family by which you can save tax through proper planning and execution. [Read more…]
Most of the countries around the world have adopted a unique identity system wherein each citizen is allotted a number that carries all the details related to that identity under it.
In India, the government has also started such a system and has named it as Aadhaar. [Read more…]
PAN Card or Permanent Account Number is a ten digit alphanumeric code (number) allotted by the Indian Income Tax Department to the person who applies for it. [Read more…]
The Indian Budget for the fiscal year 2017-18 has been declared. Those of you who were expecting new income tax slabs have much to cheer about. [Read more…]