Tag Archives: TDS

Everything You Need To Know About Income Tax Return For Freelancers

As a freelancer, have you been turning a blind eye to your Income tax returns (ITR)? We’ll tell you of the benefits you can enjoy by taking your ITR seriously.

Should You File Your IT Returns Or Not?

If you’re one of those people who think that anything to do with the Income Tax Department is a chore, think again. Here’s how to go about it.

How To Claim Your TDS Refund

Claiming your TDS refund is easy peasy. Here’s how you can do it and enjoy that little extra cash.

All You Need to Know About DTAA

Malini, an IT professional has scheduled her travel to the US for working onsite. Travelling overseas for work was not new for Malini, but this time, with a big project in hand, she was likely to be abroad for more than a year. While Malini was happy that an onsite work profile would do well… Read More »

6 Investment Worries Solved for You

Amitabh Bachchan might be in trouble for endorsing Maggi, but we still trust him. After all, he asked us to get checked for TB, made sure every kid got Polio drops and told us to have Chyavanprash every day. These might not have been our favorite activities, but we still trust the Big B. He’s… Read More »

How do you know when your tax planning strategy has backfired?

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 »

10 tax filing mistakes you didn’t think you commit

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 »

Loan against fixed deposits – Is it worth it?

When emergency arises, you start looking for sources where you can arrange money from. You forage for assets that you can offer to get loan from the bank or else start looking for personal loan providers. Have you ever thought that the fixed deposits that you made years ago could come to your rescue? You… Read More »

How TDS works? What are the changes this year?

The possible deductions on the employee’s gross salary after exemptions are taken into account come under Section 16 of the IT Act. These include dues paid as professional tax, deductions for investing in various tax saving investments like PPF, life insurance premium, pension schemes by life insurers, Mediclaim premium, interest on loans for education, house… Read More »