As the finance Minister Mr. Arun Jaitley braces himself to present the first union budget of the NDA government, there are high expectations from every quarter. From the common man on the street to the housewife struggling with high inflation and from the financial markets analysts to the long term investor, everyone is waiting anxiously… Read More »
The Budget 2014 to be presented in July by the Modi Government is awaited by the whole country with great interest. Robust measures are expected to be outlined in almost every sector. Women related reform is one such area which will be keenly watched. With women becoming an important part of the economic development and… Read More »
The New Government is in place. So, obviously a new finance minister too is in place. Even more obviously the expectations have begun about what the upcoming budget holds in store for us, the citizens of India. Although the way in which the government has been given a majority, many people expect drastic changes… Read More »
By now you would have probably received a notification email from your company HR or from your local income tax filing support firm reminding that it’s time to start collecting your investment proof documents for filing the income tax for the current fiscal year. The details that you file regarding your income, investments and tax… Read More »
Understanding Term Insurance: Term Insurance is a plain life insurance plan. It is the simplest and most fundamental death benefit plan without any money back or maturity benefits. The Term insurance product is designed for a specified term (between 5-30 years) and provides benefit to the beneficiary if the policyholder dies during the covered term.… Read More »
Aarush Velaga recently completed one year at his first job. Unlike his colleagues, he is new at filing Income Tax Returns. He is aware that every tax payer in India is required to declare, to the Income Tax Department, at the end of every financial year, in a form that is prescribed by the Government… Read More »
As the year draws to a close, looking back at the overall financial report of the year gone plays an important role in effective financial management. The end of the year gives us a perfect time and opportunity to check the financial books to asses tax strategies for the current financial year. Exploring tax saving… Read More »
Filing tax returns is an annual activity which must be fulfilled as a moral and social obligation by every citizen of this nation. This is a means for the government to determine the amount and means of expenditure of the citizens and also provides a platform for the assessee to claim refunds and other forms… Read More »
Despite the innumerable advantages of filing tax returns online, many people still take the tedious route of filing returns on paper. This is primarily due to ignorance of the simple processes involved in filing online. Most people are yet to develop confidence in the online system and try to avoid it year after year. However… Read More »
Timing is significant in financial planning especially when you are looking to earn a profit as you need to know when to take advantage of the increase in value. However, it’s equally important to be careful to avoid paying a huge amount as tax. Amit learned his lesson when he sold his house in Delhi… Read More »