All you want to know about Sukanya Samriddhi Scheme
With an aim of providing higher eduction to the girl child, Prime Minister Narendra Modi launched another small saving scheme namely “Sukanya Samriddhi Yojna” this January. It is after a straight success of EPF UAN and Prdhan mantri Jan dhan yojna. This scheme is launched under ‘Beti Bachao Beti Padhao’ campaign meant mainly for higher...
All you want to know about Public Provident Fund (PPF)
Public Provident Fund popularly known ass PPF account is among the most popular instrument for savings used by Indian Investors. The Scheme offers good returns with safety along with EEE Tax benefit. How PPF was introduced At the time and age when savings or wealth management didn’t really mean mutual funds and tax free bonds,...
Various Post Office Schemes available for investment
Post office savings schemes are always been a charm for Indian investors as being considered one of the safest form of investments. Certain schemes enjoys tax exemption making them a preferred mode of investments. Let us see the interest rates offered in these schemes National Savings Certificate This scheme is specially designed for Salaried either...
Know more about Tax saving avenues
I have actually seen people making faces while paying taxes. I still remember a businessman who approached me many years ago and said “I don’t want to pay tax, please draft my financial statements accordingly.” He also wanted all the bills to be arranged to support his windrow dressed financial statements. There is also a...
Missed filing Income tax returns…..here’s what you need to do
In case you are a salaried or non-auditable taxpayer and have missed the deadline for filing of income tax return for the financial year 2012-13, there is still a way out for you of belated filing of tax return. The taxpayers are allowed by IT Department to file their return even after last date. As such,...
Step by step guide to File your Income Tax Returns Online
If you are finding any trouble in filing your Income tax return online, then here is the step by step guide that will help you file your tax return electronically with the help of the official website of Income Tax Department. July 31 is known to be the last date to file the income tax...
Rates for TDS for Assessment Year 2014-15
TDS Rate on Payment of Salary and Wages TDS to be deducted if the estimated income of the employee is taxable. However, employer must not deduct tax on non-taxable allowances like conveyance allowance, rent allowance, medical allowance and deductible investments under sections like 80C, 80CC, 80D, 80DD, 80DDB, 80E, 80GG and 80U. No tax is...
Comparing different types of Endowment Plans
Endowment plans are the long term saving plan plus you get the advantage of insurance. The major property of Endowment policy is that it covers the insured party for a specified period of time. This way the insured person gets the right to stay insured till the time he wants to remain with the policy. ...
Is it Beneficial to Have Family Floater Insurance Plans?
In present times, health insurance is one of the largest growing sectors in people’s lives. As the population is rising people are getting more attached to different lifestyle that is also coming up with unwanted illness and diseases that is charging increasing medical costs and money related problems. The world seems uncertain now where anything...
Pros and Cons of New Pension Scheme
The word ‘Pension’ can create a kind of consciousness to each 30 plus years old working person later or sooner in his life. It is one among the main concerns to government when it works to provide a safe life to the senior citizens. The Indian government has finally arrived at a great solution known...
