Developing sense of money in your child is not a child’s play

Do you remember your childhood days when first time you held a coin in your hand, how you learn about money and when it becomes the part of your daily life – It is hard to remember… And now when you are a parent it is your duty to imbibe these learning in your child....

All you want to know about Kisan Vikas Patra (KVP)

If you looking for a safe investment with moderate returns, then Kisan Vikas Patra is back as an avenue for you. Government relaunched this after a gap of about 4 years with an aim to encourage the saving habits among small investors. Initially the certificates will be sold through post offices, but eventually it will...

All you want to know about National Saving Certificate

With regards to the matter of reserve funds, there are considerable measures of alternatives that have been made accessible to investors in India. These choices offer a scope of elements that can incorporate things like attractive interest rate, safety for the money invested, income tax benefits and also the chance to increase the amount invested...

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...