-
GST Tax Slabs and how does it affect your household budget
The government has categorized 1211 items under various tax slabs. With GST set to be implemented from July 1 2017,…
-
How to download Form 26AS and password to open Form 26AS
Form 26AS, also called as Annual Statement, is a consolidated tax statement which has all tax related information (TDS, TCS,…
-
FATCA Compliance for Bank Accounts, NPS, Mutual Funds
Mutual fund investors, bank account holders and those who have invested in insurance schemes between 1 July 2014 and 31 August 2015,…
-
TDS on rent for business, professional, individual and HUF under section 194I
Prior to the launch of budget 2017, only specific categories of business and professionals were liable for the TDS on…
-
How to cancel PAN If you have more than one PAN , Deactivation of PAN
One may have been allotted multiple PAN Numbers. Those who have more than one PAN should immediately apply for surrender…
-
How much should you invest to claim Maximum tax deduction under 80C?
We all want to save income tax legitimately on our hard earned money! But how much do you need to…
-
Income Tax for FY 2017-18 or AY 2018-19
As per the Budget presented by Finance Minister Arun Jaitley on 1 Feb 2017, the tax rate for those earning…
-
Difference between PAN, TAN and TIN
Every industry has its own jargon, abbreviations. In India, three numbers or abbreviations that are related to financial transactions are PAN,…
-
Submitting Home Loan Interest Proof to the Employer with PAN of Lender
In India, personal income tax is based on the concept of “pay as you earn” wherein there is a mandatory…
-
Best Tax Saving Fixed Deposit under section 80C
Tax saving Fixed deposit is a type of fixed deposit by investing in which you can get tax deduction under…
-
Understanding Restaurant Bill : Service Tax,Service Charge,VAT
The Department of Consumer Affairs has clarified that the practice by restaurants of adding service charges often ranging between 5…
Latest Posts
-
When Partner Wants to Quit Job to Start Business? A Couple’s Money Guide
When a partner wants to quit job to start a…
