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Protected: Checklist of What All You Need To eFile Your ITR
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Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via
Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via perks, NPS Hyderabad-based software engineer Ganesh Karthik pays a high tax because his pay structure is not tax friendly. House rent allowance is the only tax-free portion of his salary and that too gets partially taxed. Taxspanner estimates that Karthik can save almost Rs 1.1 lakh if he gets some tax-free … [Read more...] about Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via
Take the stress out of filing your income tax return
NEW DELHI: For many taxpayers, return filing is a dreaded activity which they put off until the last minute even beyond the due date. But this year, such procrastination will mean paying a huge price. The penalty for late filing is Rs 5,000, making it imperative to meet the 31 July deadline. If the delay is beyond 31 December, the fine is higher at Rs 10,000. Therefore, it’s … [Read more...] about Take the stress out of filing your income tax return
Budget 2017 May Hike Capital Gains Tax on Stocks-Likely Changes
Capital Gains - Panic gripped the stock markets last week following Prime Minister Narendra Modi’s assertion that gains from the capital markets are getting away with the low tax. Finance Minister Arun Jaitley hurriedly clarified that Modi’s statement should not be construed as an intent to impose long-term capital gains tax on equities. Even so, there is intense speculation … [Read more...] about Budget 2017 May Hike Capital Gains Tax on Stocks-Likely Changes
