When you are in financial need, your relatives or friends may not lend to you even if the reason is genuine.
The process can be quite cumbersome in the absence of efficient financial planning, and any negligence on the tax payer's part can lead to undue payment of tax
The deadline for filing your income tax returns for FY18 is July 31, and it is better if you do not put it off for the last minute if you want to avoid making mistakes
The open-ended fund of funds scheme will deploy up to 90 percent of its assets in units issued by Reliance ETF Junior BeES
It doesn’t make sense to borrow money at 14 percent interest and expect returns higher than borrowed money in a short span of time
If you wait till the last minute to file your returns, you may commit mistakes in a hurry and will have to file a revised return
Commodity experts feel uncertainty will persist over the short term and investors should exercise caution in raising exposure.
You should not be hesitant in filing your income tax returns yourself. There are several websites which can also help you file your returns effortlessly following certain steps.
This year salaried taxpayers using ITR Form-1 are required to provide a break-up of their salary
You have to disclose the details of immovable properties i.e. land and building owned by you in schedule AL
On one Electronic Verification Code, only one online income tax return can be verified
Mid-cap valuations are still higher than their 10-year average, further decline is still possible
The most important change in ITR 1 is that it can only be used by ‘Residents’ having income from salaries, one house property and income from other sources.
Even with small, monthly contributions, you can create a handsome corpus if you start early and continue your investment in a disciplined manner with a long-term horizon.
The countdown to the July 31 deadline for filing your income tax returns has begun
If you don’t file ITR, the belated return could lead to extra interest at 1% per month for the remaining tax payable by you
VK Vijayakumar at Geojit Financial Services said, “Celebrity investors have deep pockets and information that may not be available in public domain. They know when to enter and exit from a stock. But, retail investors are not so fleet-footed.”
The deduction for HRA is generally availed by the employee through the payroll by providing requisite supporting documents and also, meeting the necessary conditions.
Every investment carries risk so don’t make assumptions or be complacent with your investments. Make informed choices and most importantly, just start.
A PoSP caters to a customer looking for simple and basic insurance policies
One should always plan their tax related investments in advance and invest through SIP route in ELSS to get the benefit of rupee cost averaging.
"As a result of the said purchase, the shareholding of the above mentioned entity has exceeded five percent of the paid- up capital of the company (NTPC)," the filing said.
Chasing returns is a huge mistake as it makes you worry about daily/weekly/monthly performance. What matters ultimately is whether your goals are met in time.
Here are a few seemingly less important things that all salaried individuals should take in account while filing their income.
Can you really predict whether the Nifty will top out at 11,500 or at 12,000? You obviously cannot.