Today, the Aam Aurat too wants the Finance Minister to pay heed to her evolving needs this budget. Keeping up with voice share of women in all kinds of media and forums, the emphasis on financial empowerment of women is conspicuous in the previous few Budgets. This has contributed significantly to the well-being of the… Read More »
Dear Shri. Arun Jaitley Hope my letter would find you in the best of health and spirit. I had read in the newspapers a few months ago that you had undergone bariatric surgery for weight loss. Sorry for my negligence but a common salaried man like me has no chance to undergo such a surgery.… Read More »
Just like everyone wants to go to heaven but no one wants to actually die, all of us would want to get our incomes increased and want to stay away from tax. However, it is good news for at least for that there are certain incomes for which you need not pay tax! The Indian… Read More »
People come out with many ways to evade tax, like undervaluing property while buying or selling, paying in cash, open accounts in multiple banks and branches to save tax on interest, use spouse’s name for transacting etc. This list is endless and new ways are being invented each day to save up some money. But… Read More »
Today 20s is considered as the best time of one’s life as unlike yesteryears today’s youngsters get highly paid jobs fast. Twenties is also a care free period with less dependants and responsibilities to worry about. But many youngsters often commit the mistake of spending their earnings lavishly and are least bothered about the money… Read More »
Are you planning to join a gymnasium to lose that stubborn fat? Or, indulging weekend relaxation at a premium spa is part of your routine? There are chances for a price hike, as most gymnasiums, health clubs, spas and hotels are likely to increase their costs to counter the imposition of luxury tax by the… Read More »
The governing body for controlling direct taxes, the Central Board of Direct Taxes (CBDT) has issued an order extending the last date for TDS deposits from October 7 to October 10, 2014. According to an official press release, the date has been extended considering the consecutive holidays owing to the festive season and weekend during… Read More »
Individuals have the freedom to self assess income and pay taxes. That doesn’t mean that if you do not declare a particular stream of income to evade taxes, you will go scot free! Tax evasion is an illegal activity which entails not filing income tax returns altogether or misrepresenting the tax payable amount. It is… Read More »
On expected lines, the real estate sector and the infrastructure sector were the focus sectors of the government in the annual union budget of 2014-15. The finance minister announced a series of measures to bring investment into the sector while giving special emphasis on affordable housing. The announcement that Rs 8000 crore will be earmarked… Read More »
As the FM takes his first 5 minute break from giving his budget speech here’s a look at some immediate impact for our personal finance… 1. Unified PPF account to be introduced – so that you don’t have to worry about your PF money next time when you change city or jobs. This is a good… Read More »