Along with changes in income tax, budget 2015 has also made some changes in TDS (Tax Deduction at source) for Fixed Deposit, Recurring Deposit and EPF (Employee Provident Fund). The post discusses these changes: TDS on Recurring Deposit (RD) Until now recurring deposit was not subjected to TDS. Budget 2015 has amended this and now […]
TDS on Fixed Deposit, Recurring Deposit and EPF Read More »
The Budget 2015 presented on February 28, 2015 which brought the following 8 changes in Income Tax rules for Individual tax payers. 1. Income Tax Slabs: There is no change in tax slabs for FY 2015-16 people with income of less than 1 crore. However for the super rich (with annual income of more than 1
9 Changes in Income Tax Exemptions and Rules in Budget 2015 Read More »
The Union Budget for 2015 was presented today by Arun Jaitely. The tax slabs have remain unchanged but there have been some changes in terms of Transport Allowance, Medical Insurance benefits and exemption for Physically challenged tax payers. Budget 2015: Changes We have incorporated the 7 changes that happened in Budget 2015 (presented on February
Income Tax Calculator for FY 2015-16 [AY 2016-17] – Excel Download Read More »
Last month RBI had cut its Repo rates which lead most banks to reduce their interest rates on fixed deposits. An alternative to lock in higher interest rate is to invest in fixed deposits offered by companies. But before you get excited at getting higher interest rates here are some points to keep in mind: Evaluating
19 Company Fixed Deposit (FD) Schemes to Choose From Read More »
Keeping in the theme of “Beti Bachao Beti Padhao” i.e. all round development of Girl child, the Government of India has launched Sukanya Samriddhi Account – a long term deposit scheme for girl child. The post covers everything you wanted to know about the new investment avenue. 1. Who can open the account? This account can
9 Must Knows About Sukanya Samriddhi Account Read More »
