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How to show in ITR: EPF contribution above 2.5 lakhs
The interest on any contribution above Rs. 2.5 lakh by an employee to a recognized provident fund is taxable effective…
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Inoperative EPF account: What happens to EPF after leaving job, Interest and Tax
Interest credited to an Employee Provident Fund (EPF) account after an individual ceases to be in employment is taxable in…
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Fixed Deposit , Interest , TDS, Tax,Income Tax Return, Refund
We have got many queries on fixed deposit and request on writing about fixed deposit only from perspective of income…
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Compound interest: How it can be your friend or your enemy
What would you choose Rs 100 a day or Rs 1 on the first day doubling the next day? Albert Einstein is…
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What is Bank?
We should live and enjoy today but also work and save for tomorrow. Saving is to put money aside. Usually,…
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NRI and PPF account
Can an NRI open a PPF account? What if he opened a PPF account before he became NRI? What about…
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Withdraw money using credit card from ATM: How to, Charges
Credit card in an individual’s life is just as oxygen is to a human body, impossible to live without! With…
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Section 234A,234B,234C : Interest Penalty for not paying Expected IncomeTax on Time
You have to pay penalty if you don’t pay expected tax on time. Penalty is in form of interest(thankfully simple…
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What is Auto Sweep Bank Account?
For people who keep money in saving bank account one of the product suggested is Auto Sweep Bank Account. It…
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Tax Saving Fixed Deposits
Tax saving Fixed Deposit are special category of fixed deposits where the investor gets the benefit of a tax break…
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Interest on Saving Bank Account : Tax, 80TTA,ITR
Savings Bank Account is the most common account for individuals. When you have money in bank savings account, your money earns interest.…
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