Many people whose income doesn’t fall under the tax slab have mostly invested in products such as FD through which they can earn interest. But can we do anything to make sure that the bank does not deduct TDS on interest earned if our total income is not taxable? If you all don’t know then […]

Can you guess, what these numbers are for 200, 220, 240 or 264? Don’t worry it is not some math thing. These numbers are used as measures to save you from paying higher taxes on the sale of any capital asset like real estate or gold. It’s the value of the “Cost Inflation Index” (CII) […]

Most of the investors are not aware of how income tax is calculated and the basic understanding of tax related concepts when they start their career. In this guide, you will learn how to calculate income tax in a very simple and easy to understand way without involving any complicated jargons. What is Income tax? […]

Are you clear about the tax-saving which you can do when you pay health insurance premiums every year? You will be glad to hear that it’s over and above sec 80C. Yes, it comes under a separate section called section 80D! What is section 80D? Health Insurance policies have become very famous in the last […]

What so ever we earn, even then if our income is taxable we don’t want to pay tax on that income. We have a soft corner for our income. In this way, we tend to avoid paying taxes. We must remember that paying taxes on time signifies that you are a good citizen of your […]

Have you filed your income tax return? Yes /No? There are many investors who have very low or zero tax liability and therefore they skip filing their income tax return. Then, there are investors who do not file their returns for years and only when something urgent comes up which requires their last few years […]

Earlier RTI filing was too much pain, because it was very much time-consuming as it was an offline process. A form was to be filled and then a Rs 10 stamp was to be attached and the entire form had to be sent by post to the required department of the government. The form took […]

Now a days various restaurants and businesses are putting fake GST number on the bills and charging extra from the customers without registering with the GST department. In this article, we will teach you how you can check the validity of the GST number and its really valid of not in just 30 seconds. It’s […]

Do you get HRA as part your salary? If yes, then it’s critical for you to understand how the HRA exemption amount is calculated? In this article, we will talk about things like what is HRA? How to calculate HRA? And various other things related to house rent allowance. You can check out the video […]

If you are living in a rented house and using any fake documents for HRA claim then be careful. Because from now on there will be a big trouble for those who are using fake rent receipts to claim HRA, as Income tax department have started asking for more document. Many times it is seen that […]