The Government of India offers special schemes and tax deductions to take care of the needs of senior citizens. Senior citizens should choose various kinds of insurance plans to cover healthcare expenses in a very efficient manner. They should opt for savings schemes which offer security and better returns along with income tax exemption. If… Read More 10 Tax Benefits Exclusively for Senior Citizens
We have touched upon a lot of topics regarding tax, income tax returns, online income tax return, tax on insurance and benefits of the tax. One thing to be noted from all this is that filing your tax returns is not an easy job, but if done right can help recover a lot of money… Read More Practical Guide to Advance Tax Calculation & Payment
Before getting into the meat of it all, it is very important to know the meaning of advance tax. As the very name suggests, advance tax is the paying of the taxes before the end of the current financial year. It is also called ‘pay-as-you-earn’. Technically put, advance tax is the amount of income tax… Read More Advance Tax: 5 Smart Things You Should Know About Advance Tax
Unit Linked Insurance Plan, or ULIP, is a market-linked product aggregating the insurance and investment. The ULIP scheme is linked to the capital market and provides flexibility to make investments in debt funds or equity funds depending on your risk appetite. Such dual benefits are backed by the elasticity of ULIPs make them attractive in… Read More Popular 4th Generation ULIPs
The common most problem one faces while e-filing income tax is the absence of an instructor/officer who can give advice on which files one should download and where from. This is a very complicated situation, especially for people who are trying to pay income tax for the first time. In India, you need to visit… Read More How To Solve E- Filing Income Tax Problem Online?
Taurus Mutual Fund was one of the primary few private sector Mutual Funds to be listed with Securities and Exchange Board of India (SEBI). Established as a trust in 1993, it soon rose to prominence in the market. Even today the company has been consistently providing its customers with top class products. Companies from various… Read More Taurus Mutual Fund Changes Nomenclature Of Benchmark Index
Checking your policy status timely is equally important as buying the policy itself. However, in today’s busy life the insurance buyers often don’t give much importance to check the policy status timely. This result to miss out the date of making premium payment moreover, sometimes the grace period also goes unnoticed. So, in order to… Read More How to Check LIC of India Policy Status Online
In India, we pay two types of taxes to the government: 1. Direct tax – it is deducted from the salary/income you earn and hence, is also known as income tax. 2. Indirect Tax – Also known as Service Tax or Value Added Tax (VAT), which is charged by restaurants/theatres & e-commerce websites on services… Read More Income Tax E-Filing Process For Salaried Individuals