Income Tax Warning to Salaried Taxpayers: 11 things every Taxpayer should be careful about!

Income Tax Warning to Salaried Taxpayers A few days back (on April 16, 2018) Income Tax Department issued cautionary advisory to Salaried Taxpayers about under-reporting of income and inflating deductions/exemptions while paying taxes. This was prompted by some of the recent cases of salaried caught by income tax officials. You can read the advisory below: Also Read: Everything you need to […] Continue reading →

NPS – Maturity, Partial Withdrawal & Early Exit Rules [updated April 2018]

NPS: Maturity, Partial Withdrawal and Early Exit Rules The government wants NPS (National Pension Scheme) to be the preferred investment vehicle for pension planning for majority of its citizens. Unfortunately as it happens with most of Government plans, NPS too has flaws which are holding investors back. To encourage investment in NPS, PFRDA (Pension Fund Regulatory and Development Authority) which regulates it have made […] Continue reading →

Sovereign Gold Bond – April 2018 – Review & How to Buy?

Sovereign Gold Bond - April 2018 Government of India has launched the Series I for FY 2018-19 of Sovereign Gold Bonds from April 16 to 20, 2018. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: April 16 […] Continue reading →