It is time to cheer, Budget 2017-18 has brought happiness for middle class. Income tax slab rate has been changed for FY 2017-18. The government has reduced the income tax rate for the income between ₹2.5 lacs and 5 lacs. You should plan your tax saving on the basis of this tax rate. This new income tax slab… [Continue Reading]
EPF balance is your retirement corpus in India. You and your employer contribute regularly to build the EPF balance. The Status of your EPF account balance shows the situation of your retirement planning. Thus, it is always good to regularly check your PF balance status. EPFO has launched many facilities of EPF balance enquiry. In fact, it… [Continue Reading]
Do you want to invest in best tax saving mutual fund to save tax? I have handpicked the Top 5 ELSS fund. These ELSS give good return with less risk.
Know all about the term life insurance. Why YOU must take term plan and what should be the criteria of term insurer selection. Learn why agents avoid this.
The Bima Diamond Plan is the new offering from the LIC. The LIC agents would approach you with this plan. Hence, It is better to review the LIC Bima diamond plan before taking any decision. You have the right to know the positive and negative aspects of any insurance scheme. However, the Agent would rarely… [Continue Reading]
Is heavy tax bothering you? Don’t worry, income Tax Exemptions and deductions, give you plenty of opportunities to save tax. By using these exemptions and deductions wisely, you can reduce your tax substantially. In fact exemptions and deductions reduce the tax liability in lacs. In this post, I am listing the available exemptions, and deduction under income… [Continue Reading]
Tax and death are unavoidable. If you are living with society, you have to pay tax. You can avoid tax only if you live in caves like an animal. It may be visible or invisible. In fact a big part f our earning goes into the tax. That is why, we try to minimize the… [Continue Reading]
National Saving Certificate (NSC) is one of the most popular post office tax saving scheme. It gives you a fixed amount after 5 years. This scheme gives you tax benefit under section 80C of the income tax act. In this post, I will tell you about the features, interest rate and calculation of National Saving… [Continue Reading]
You can save tax in India, only you need to know the ways. In this post I am discussing 10 best tips of tax saving In India. Learn and enjoy the big profit
You can check your income tax refund status online within 5 minutes. Go through these easy steps to track the tax refund and submit the grievance if any.
You must have seen the television commercial of ‘the Mutual Fund Sahi Hai’. The ads are really very good and try to tell you about the mutual fund. These television ads were required as very few of us know about the mutual funds. A recent survey found that 95% of the people still invest their savings in… [Continue Reading]
The capital gains tax on the property sale is most unexpected tax. You rarely factor in the capital gains tax before selling a property. But it is a big tax. The long term capital gains tax on the property is levied at the rate of 20%. The short term capital gains tax add up to… [Continue Reading]
Everyone wants to save tax in India. However, everyone is not aware of the every tax saving ways. Tax saving through the term plan, ELSS and PPF account are the popular choices. These instruments are eligible for tax under section 80C. But, there are many other tax saving options outside of the section 80C. Also, there are… [Continue Reading]
PPF is one of the most popular tax saving investment. But do you get handsome interest on it except tax saving? Is there any risk associated with the PPF interest rate? how can you calculate interest on your PPF investment? Let us dig it out. but before that let us learn about the PPF in brief.… [Continue Reading]