Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Why you Should Invest? Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax […] Continue reading →
Recurring deposits (RD) with banks are one of the most popular investment options for people with regular income. RD enables to deposit fixed amount every month for a pre-defined period which earns interest similar to Fixed Deposits (FD). You might want to bookmark this page as the RD interest rates would be updated every month […] Continue reading →
The due date for filing income tax returns for individuals was July 31, extended to August 31, 2018 (for Kerala the due date is extended to September 15 due to floods). Most taxpayers have already filed their ITR or in process of doing so. However there are people who may not be able to file their returns […] Continue reading →
Your salary consists of lot of components, some of them are fully taxable, and some are partially taxable while remaining is tax free and hence Salary structure become very important. Here is a list of 11 components in your salary that is tax free. In case you have it in your pay slip, great – […] Continue reading →
Once the ITR is submitted and verified by the tax payer, the department goes through every return in automated/manual fashion to check if everything was correct and matches with the data available with them. In case they find a wrong/doubtful entry or have further questions about any declared or undeclared income or deduction or exemption, […] Continue reading →
Everyone hates Taxes and go out in full force to save it – sometime legally and sometimes beyond the law. Fortunately there are still some incomes & investments which are tax free. Learn about them and use it to your advantage. Tax Free Incomes: 1. Agriculture Income India started as agrarian economy and to encourage […] Continue reading →
Its August and most of the recruits from the campus would have joined a few months back on their first job. Its a moment to rejoice and for many a first time experience of earning money. But Net-worth of a person is not by what he earns but by what he saves and invests. Work for money […] Continue reading →
We live in an uncertain world and emergencies can arise anytime. It could be due to sudden illness, a car breakdown, an emergency trip, emergency purchase, home/appliances repair, delayed salary or job loss. We need to be prepared for the same at least financially. How much Emergency Fund you need? Ask any financial planner and […] Continue reading →
Kosamattam Finance has come out with 14th public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate. The issue is already open for subscription and closes on August 23, 2018. Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lend money against the pledge of household Jewellery in the […] Continue reading →