Insurance sales start surging in January of every year and peaks in March. So, are more accidents happening during this period? More people getting hospitalized? Or, a sudden realization in the new year that one needs life cover? It’s Option D – none of the above. The reason is painfully simple – tax saving! So,… Read More »
Of late, consumers and enterprises in India have been feeling a lot like Aussie bowler Mitchell Johnson in the recent AUS-NZ World Cup face off. If Johnson was left battered after having ducked blow after bludgeoning blow from Kiwi batsman McCullum’s willow, Indian taxpayers find themselves doing some ducking of their own. For, they end… Read More »
Well-planned movies become debacles. As do game strategies in chess. The dressing room strategies of the Indian cricket team always seem to be in the danger of backfiring. Can’t then your tax planning strategy? Here are 7 surefire indicators that it has. You find yourself struggling to use up the Section 80 limit People tend… Read More »
Do you ever get that nagging feeling that something is just not right with that tax return you filed? Does it eat you inside out that you may have entered your spouse’s bank account number instead of your own? You’re not alone. Here are 10 of the most common errors people commit while filing tax… Read More »
Have you ever felt the need to get your hands on the person who came up with the concept of income tax in the first place? Have you wondered how long ago it started? Do you know what is common between cooking oil, booty of war, foreigners, and the process of rain? Read on to… Read More »
The bricks and bouquets for this year’s Budget are flying thick and fast. Everyone from financial analysts on TV channels to the local newspaper delivery boy has shared their two pence on the most keenly watch annual ritual in the world’s largest democracy. While many announcements hogged the media limelight, some were lost in the… Read More »
It is said that “there are two sides to every story”, and it surely applies to this year’s Union Budget. When Finance Minister Mr. Arun Jaitley delivered his first full fledged Budget, analysts and experts are out debating its overall sentiments. While some feel that it is reform oriented, with a roadmap for the future,… Read More »
With the annual budget just around the corner, expectations from the Finance Minister are sky high. Considering the fact that this is going to be the first full-fledged budget of the Narendra Modi government, this budget is definitely a high-profile one if not anything else. From the common man on the street fed up with… Read More »
There is an old saying that if wishes were horses, beggars would ride. While it may still take some time for beggars to ride, there is no dearth of wishes by the Indian taxpayer today for a plethora of reforms to make their way out of Arun Jaitley’s Budget briefcase this year. Like other retail… Read More »
Sameer Kochar is a businessman running a kids’ cycle manufacturing plant in Ludhiana. His business had been doing well, but has been slowly losing its luster due to the competition from cheap imports from China. Sameer has been dejected not because he failed in the business due to his lack of dedication or focus but… Read More »