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]
We all know that budget has many announcement which affects our life. The allocation of money for road, education, and military is decided on the budget. But all of us are more concerned about those announcement which directly affects us. Income tax, service tax concern us most. In this post I will tell you about the… [Continue Reading]
EPF balance is your retirement corpus. You and your employer contributes 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. Employee Provident Fund organisation has launched many facilities of EPF balance enquiry. It… [Continue Reading]
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]
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.
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]
Banks often ask KYC documents from new as well as existing account holders. Just like others, you may also want to know about the KYC. What is KYC? Why is it necessary? What is eKYc? There may be many such questions which need answers. Don’t worry, this post will answer all your questions regarding KYC. What… [Continue Reading]
We have to file income tax return before 31st July of every year. the Businessman and companies have a different date. But for individual taxpayers. 31st July is most important. Now this date has become more important because government has tightened the rule of income tax return. Now there would be a high penalty if… [Continue Reading]
The budget 2017 is going to be special not because of the reason that it will be presented in an environment filled with high pitch political voices. In fact, post demonetization, this will be the first official document which will set the pace for the whole year. The budget will decide whether or not the… [Continue Reading]
Learn new income tax slab for FY 2014-15 (AY 2015-16) within 2 min. Also, new income tax calculator to assess your tax liability after the first Modi budget.
UAN or Universal Account Number has become unavoidable. Every EPF member existing or old requires UAN to deal with EPFO. UAN has become compulsory if you want to transfer EPF, Withdraw EPF, or Even lodge a complaint. Hence, you need to know the UAN from the first day of the job. UAN is a unique… [Continue Reading]
You can take loan from EPF account if situation demands. It easier to withdraw from EPF than taking home loan. Learn about the process and application form.
Online EPF Transfer and Withdrawal facility have become almost a reality. This small initiative can increase the retirement saving considerably. The hassle of EPF transfer forces people to withdraw it or just leave the amount in the account. This hassle is the main cause of the multiple EPF accounts. However, things have changed. Now you can easily… [Continue Reading]