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Where is Money Spent : Expenses of the family

Apr 19, 2018

Money is limited and it just does not grow on trees and there are so many expenses. We don’t want to scare you but the idea is to make you aware that parents have lots of expenses and they are providing for them as best as they can. When kids walk up to the...
How people earn money? Salary of different jobs, Skills needed

How people earn money? Salary of different jobs, Skills needed

Apr 16, 2018

You just don’t get money (unless you count as gifts etc) -most people have to earn it. Most people use their talents and skills. Some work for others, Some start their own business. Have you thought of what you want to be when you grow up? Have you thought about...

Income Declaration Scheme: Features,How to Declare undisclosed income

Sep 5, 2016

The Income Declaration Scheme provides an opportunity to persons who have paid not full taxes in the past to come forward and declare the undisclosed income and pay tax, surcharge and penalty totalling in all to 45% of such undisclosed income declared. The advantage...

EDLI, Employee Deposit Linked Insurance Scheme

Sep 26, 2015

All employees who join the Employees’ Provident Fund are covered by the EDLI or Employee’s Deposit Linked Insurance Scheme, 1976. EDLI provides a lump sum payment to the insured’s nominated beneficiary in the event of death due to natural causes, illness...
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