PAN Card Application

I know I have to submit a ID proof and Address proof for applying PAN card. Is it mandatory to have the full name even in those proofs? Is the initials not accepted. There are many proofs including the school certificates that are given in initials and what could be done with them, if they […]

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Tax applicable on 1% increase in EPF ? How ethical ?

Recently there is a news that the increase in EPF interest of 1% will be taxable . How sensible , ethical is this to tell now after the news of increase in interest rates , Is it killing the happyness later by Govt ? Read this “NEW DELHI: The government’s surprise gift for workers isn’t […]

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ELSS- Should you continue investing in ?????

I have been investing one lakh per year in ELSS by sip mode over the last 3 yrs plus. I now redeem matured units (which have completed the lock in period)and continue investing the same by SIP. This way I do not have to put in addl funds towards tax saving…… I also get handsome dividents […]

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Proposed changes in 80(C) in Direct Tax Code.

Sir, Sir I am investing in LIC(Rs 48000/-), ELSS(Rs26000),EPF(Rs26000) to limit of Rs 100,000/-. + Rs4440 in Mediclaim yearly(Financial year). What changes will i have to bring about in my Tax saving investments when in 2012, DTC comes into action. Please guide me.     Thanks

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