National Housing Bank (NHB) is a statutory organization that was established on July 9, 1988. It is the apex level financial institution for the housing sector in the country and a wholly owned subsidiary of the Reserve Bank of India. NHB SUVRIDDHI (Tax Saving) Term Deposit Scheme: It is a tax saving deposit scheme for […]
National Housing Bank (NHB) Tax Saving Term Deposit Scheme Read More »
This post has some common rules and regulations of personal income tax in India. This would help you to further understand the intricacies of taxes. Income Tax Slabs/Rates for Financial Year 2011 – 12 1. Women assesses Upto Rs. 1,90,000 – Nil From Rs. 1,90,001 – Rs. 5,00,000 – 10% From Rs. 5,00,001 – Rs. 8,00,000 – 20% Above Rs. 8,00,000 – 30%
Personal Income Tax – Common Rules & Regulations in India Read More »
I found this intersting Question and the corresponding answer on Business Standard & ValueResearchOnline I had invested in ELSS (equity linked savings scheme) funds one year before, but I have not claimed this investment while filing for return. Can I withdraw from the ELSS, though the three-year lock-in is not complete? ELSS are tax-saving funds,
How to redeem ELSS/ Tax Saving Fund before 3 years? Read More »
If you are the one who’s still to invest for your tax saving this year or would like to start SIP for next finacial year, you got a few more Tax saving fund (ELSS) options. A few days back I posted the list of Best ELSS to invest for FY 2009-10. In this post I would
Best ELSS (Tax Saving) Mutual Fund to invest in 2010 Read More »
It’s the time of the year when companies start asking employees to submit their proofs for investments for tax saving. And all of a sudden you realize you haven’t actually even thought about it. What follow is chaos & wrong investments. The storey is almost at this stage for one of my colleagues. We need
