Search
Thursday 23 May 2019
  • :
  • :

Tag: , , , , , ,

How Section 80C works

  An individual or an HUF can reduce up to ₹1,50,000 from their total taxable income through Section 80C for the financial year...

Income tax exemption limit on gratuity doubled to ₹20 lakh

The labour ministry said that the income tax exemption limit on gratuity has been doubled to ₹20 lakh from the existing ₹10 lakh, a...

EPFO hikes interest rate on PF

  Retirement fund body EPFO has announced an interest rate of 8.65 per cent on PF deposits for 2018-19. The rate of interest was 8.55...

Why do you need a Critical Illness Policy?

  A critical illness policy covers life threatening diseases like cancer, paralysis, heart attack etc. It can be a standalone critical...

Tax Changes: 2018

Here’s a look at how 2018 was for your taxes: TAX ON EQUITY: On the direct tax front, this year’s budget brought in a lot of changes....

NPS goes EEE

  The government granted NPS exempt, exempt and exempt or EEE status, which means that like PPF (public provident fund) or EPF...

What is HUF?

A Hindu Undivided Family, as its name suggests, is a joint family which is seen as a separate entity from that of the individual members in...

Myths about Personal Finance

Here are 5 common myths and how to deal with it: MYTH 1: FINANCIAL PLANNING IS NOT FOR ME Reality: Whether you have a lot of money or very...

Budget 2018: Takeaways

Income Tax Slab rates have not been changed. Introduction of Standard Deduction of Rs.40,000. This replaces medical reimbursement and...

Budget 2018: How LTCG tax on equities comes back

The Union Budget has introduced the much-talked about LTCG on sale of listed securities on gains of over Rs. 1 lakh at the rate of 10%...