Tag Archives: income tax

List of Taxes Levied by the Indian Government

Direct Tax, Gift Tax, Income Tax! Confused about the taxes you pay every year? Don’t worry we are here to help you understand the different taxes levied by our government.

What Happens If You Don’t File Your Income Tax Return?

Has the idea of the income tax department always scared you a little? All of us have heard at least one story about someone getting into trouble for not paying their taxes. And what about filing your Income Tax Return? Are you wondering what the repercussions would be if you didn’t file your return? Just read on and everything will start to look a little clearer.

How to Know Your Taxable Income

Thinking about filing your taxes but feeling confused? That’s alright, because we’ve got all you need to know about your taxes without the help of a CA. You can do your own calculations, and feel the accomplishment once you’re done.

8 Taxes All Indians Pay

A long weekend out could burn a hole in your pocket and you don’t know why you’ve overshot your budget. A lot of us forget to figure in the added taxes as they are left out of the menu or tags. There are many small taxes we pay every day, apart from the annual income… Read More »

Greater Bombay Co-operative Bank Limited – Yatri Loan Scheme (Travel Loan)

The Greater Bombay Co-operative Bank Ltd, more popularly known as Greater Bank, was established over five decades ago on 10th December 1952. The bank was established with a single motto of serving the society in large. In 1996, the bank achieved the “Scheduled Bank “status. The Bank has been functioning very well in the recent… Read More »

Greater Bombay Co-operative Bank Limited – Vidya Loan Scheme (Educational Loan)

The Greater Bombay Co-operative Bank Ltd, more popularly known as Greater Bank, was established over five decades ago on 10th December 1952. The bank was established with a single motto of serving the society in large. In 1996, the bank achieved the “Scheduled Bank “status. The Bank has been functioning very well in the recent… Read More »

Is your Income Indian enough? Tax matters

Although at a cursory glance some of the ideas discussed above might sound to be the stuff that our Auditor/Financial Planner should be concerned with and not us, it is imperative that we understand the philosophy behind them so that we are more in control of our income tax assessments. With the increasing benefits of… Read More »

When you first start to save

Be regular with your investment. It is best to allocate a portion of your funds from your monthly income and make arrangements to transfer it immediately to another account, from where you can plan your fund allocation for each investment. Do not use the bank account that you utilise for your day to day expenses,… Read More »