Income Tax Calculator for FY 2018-19 [AY 2019-20] – Excel Download

Download Income Tax Calculator for FY 2018-19 Budget 2018 has made some changes to Income tax for individual. There has been no changes in the income tax slab, however there have been some changes related to salaried/pensioner tax payers and senior citizens. We highlight the changes and give you the new tax calculator for FY 2018-19 [AY 2019-20]. Changes in Income Tax Rules: […] Continue reading →

How to Save Income Tax for Salaried and Professionals for FY 2018-19?

How to Save Income Tax for Salaried and Professionals for FY 2018-19 We are releasing the eBook on Tax Planning which tells you how to save income tax for FY 2017-18 (AY 2018-19) for both Salaried and Professionals. This is a short 43 slide power point presentation (in pdf) which covers all the tax saving sections and investments applicable for tax payers. But before that lets look […] Continue reading →

13 Most Important things to know before investing in Bank Fixed Deposits

Most Important things to know before investing in Fixed Deposits Fixed Deposit is the most popular investment in India mainly due to guaranteed returns, choice of interest pay-out frequency, liquidity, safety and ease of execution. Most retired depend on the regular interest earned from fixed deposit for their day to day expenses. Here are 13 most important things you should know before investing in Fixed […] Continue reading →

Section 80TTB: Senior Citizens can Save Tax on their Interest Income

Section 80TTB - Tax Exemption for Senior Citizens on Interest Income Budget 2018 along with many changes to tax laws also introduced a new Section 80TTB. According to this Senior citizen can claim tax exemption up to Rs 50,000 on interest income from bank/ post office fixed deposit, recurring deposit or savings account.Also, if a senior citizen opts to take advantage of Section 80TTB, he cannot […] Continue reading →