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Form 12BB for claiming Income Tax Deductions by Employees
From June 1, 2016, all employees or salaried taxpayers will have to submit Form 12BB to claim income tax deductions…
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Should you Invest in NPS or EPF?
National Pension System (NPS) is the most recent entrant to the retirement planning schemes that are available in the country.…
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How to buy an Air Purifier?
Indians are pro actively taking preventive measures in their everyday lives to improve and maintain a healthy lifestyle. In the…
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Sports person income and endorsments : Virat Kohli, Maria Sharapova
Sports persons major income is through endorsements. We shall look at two sports person Virat Kohli and Maria Sharapova and see…
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Is your employer depositing PF money to EPFO or trust, If not then what to do
How do you check that your Employer is depositing your EPF contribution? What can an employee do if his employer…
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HRA increased from 24,000 to 60,000 under section 80GG
“I propose to increase the limit of deduction of rent paid under 80 GG from Rs 24,000 per annum to…
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Budget 2016 and Tax on EPF
“In case of superannuation funds and recognised provident funds, including EPF, the same norm of 40 per cent of corpus…
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Changes in EPF Withdrawal Rules from 10 Feb 2016 : Withdrawn
On 10th February 2016, the Ministry of Labour and Employment, Government of India, changed norms on withdrawal of provident fund (PF). Now,…
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Encashing Earned Leaves : Exemption and Tax
How much of encashed earned leaves in taxable? This article answers the question by giving an overview of leaves to…
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Salary of MLA in India
In our article Pay and perks of Indian MP, MLA and Prime Minister we had talked about Salaries of MP…
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Income Tax Proof Submission to the Employer
“Please submit your investment declarations by 15 Dec…” said the mail from Finance Department. During December or January, employers start…

