Did You Just Notice The Huge Amount Of Taxes Being Paid By You In This Financial Year? Though a lot of time has already elapsed, you should not wait anymore to save taxes this year. With proof submission activity around the corner, this is the right time to work upon your tax savings for FY 2016-17 and accordingly plan your investments even beyond Section 80C. And that too … [Read more...] about Noticed Huge Taxes? Save Now!
Tax Refunds
Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15
(As per Press Release issued by Central Board of Direct Taxes (CBDT) on December 22, 2016) The Non-filers Monitoring System (NMS) was rolled out for identification of non-filers with potential tax liabilities. Data analytics carried out by the Systems Directorate of Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific information is available in the … [Read more...] about Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15
Experts’ Suggestions On How Budget 2017 Can Cut Your Direct Tax Burden
(As Published in ET Wealth and Times of India on November 19, 2016) As North Block has begun work on the Finance Bill 2017, ET Wealth reached out to experts from the financial services industry to know what they want to see in the coming Budget. Here are suggestions from some experts for Finance Minister Arun Jaitley and his team on how the coming budget can help reduce the … [Read more...] about Experts’ Suggestions On How Budget 2017 Can Cut Your Direct Tax Burden
Tax Professionals Welcome Move to Ban Rs 500-1,000 Bank Notes
(As Published in the Economic Times on November 8, 2016) Tax professionals have welcomed the move by the Modi government to ban the Rs 500 and Rs 1000 notes with immediate effect. “It is a drastic but positive step that will help stamp out the menace of black money,” says tax and investment expert Balwant Jain. Jain says if you have Rs 500 and Rs 1,000 notes lying with you, … [Read more...] about Tax Professionals Welcome Move to Ban Rs 500-1,000 Bank Notes
30 Things that Tax Optimization Can Do for You
Tax Optimization comprises of answers to the below mentioned questions: Why and how you should structure the CTC? Why and how you should plan for taxes in case of job change? Why and how you should plan 80C investments for next 5 & more years? Why and how you should avoid car and personal loans? Why and how you should plan for life insurance? Why and how you … [Read more...] about 30 Things that Tax Optimization Can Do for You
