Tax, Investments and Retirement

Submission of 15H form against FDR on line perhaps withdrawn by SBI for this FY 2017-18 as a result I am unable to submit it as I am staying at Mumbai and My A/c with SBI Lake Town Kolkata Here at ...

The idea of linking Aadhar with PAN is a foolish step. Because, the database of the IT Dept. and UIDAI are totally different. Right from Name of the individual to all other columns nothing will mat...

Many people are ready to pay tax. But paying tax and keeping records are much difficult than earning money. Moreover very few people are paying tax promptly. so there should be some mechanism to de...

1) The tax rate on income between Rs. 2.5 lakh and Rs. 5 lakh will get halved to 5 per cent from 10 per cent. However, rebate under Section 87A gets reduced from Rs. 5,000 to Rs. 2,500. And no reba...

While the poor of the country was not having a bank account till the Prime Minister came out with the Jana Dhana Yojana, many citizens of the Urban area mostly kept two bank accounts in two differe...

Government has announced an additional amount of Rs.50,0000/- can be invested in NPS to get tax benefit over and above 1,50,000 ceiling under 80CCD. Now in which account should one invest 50,0...

Relatively quietly, the Union government has just undertaken an unprecedented power grab — one that should worry not just citizens and taxpayers but also foreign investors. And it comes in th...

EPF scheme has been formulated for the welfare of working community. In this connection the deposits of workers have been accumulating hugely during the past years . As per news in The Tribune Chan...

I am self employed (consultant) in Pimpri-Chinchwad and my annual income after office expenses, rent etc. is approx. 2 lac, hence I am not filinf any i.t return for last 3 years. Now my problem i...

Just want to ask, regarding the 80cc limit of 1.5 lakhs for the individuals. If I had invested Rs. 1.0 L in my PPF A/c and 0.5 L in my son (minor) PPF A/c, then I will be able to avail the deductio...