Buying a house is probably one of the biggest decisions of anyone’s life. From construction to accommodation, each step needs intense financial planning. Therefore, along with the cost of ownership…
Difference Between TDS And TCS Explained
TDS and TCS are the most important taxes levied by the Indian government. These taxes must be deducted or collected and deposited with the respective authorities of the government. These…
How to Use Your Tax-Saving Investments to Become a Crorepati
It’s everyone’s dream to accumulate wealth and become super rich. But the path to this target is not a cakewalk. You may need to take many smart and, at the…
Learn How To Protect Yourself From Financial Fraud
The Best Ways To Prevent Financial Fraud Undoubtedly, cashless transactions have made both payments and investments easy. And it also reduced the risk of carrying huge amounts of cash while…
ELSS Withdrawal Rules: How to Redeem ELSS SIP Investments?
Under Section 80C of the Income Tax Act, equity-linked savings schemes (ELSS), also known as tax-saving mutual funds, offer tax deduction benefits to investors. It has the shortest lock-in period…
Why Is It Important To File Tax Returns?
Income Tax Returns (ITR) filing is one of the key compliances under the Income Tax Act of 1961. It is an annual return that should be filed by taxpayers who…
Taxation Of Bond Investments
Taxation Systems For Various Bonds In India Bonds are one of the most ideal investment avenues for generating passive income. They are less volatile as compared to equity investments. However,…
How EPF Interest is Taxed
Introduction Employee Provident Fund (EPF) is a great tool for employees to inculcate savings and investments. Further, the tax benefits associated with EPF make it a further lucrative option for…
Choosing between a personal loan and a credit card
When you are looking for a short-term loan, it is easy to get swayed by the low-interest rates offered by credit cards. However, there are several important factors that you…
Penalties For Not Filing Income Tax Returns Within The Due Date
It is a sign of a responsible citizen to file an income tax returns (ITR) regularly and within the due date. An ITR filed by us helps in the development…