Other than reporting your income to the government, there are some additional benefits an individual filing income tax returns.
There are different ways in which one can make a payment for the vehicle purchase and this could include the amount being paid fully by cheque or the amount being paid fully in cash.
Each of these options has its own set of advantages. One should look at post tax rate of return and ease of access before taking a call.
Though some exchange traded funds mimic popular stock indices, they are not the same.
Income tax filing has gone online. However, many tax payers forget to complete the process.
In bad times, erosion in the value actually plays on the mind of the investor and too much monitoring increases the pressure to take some action.
Many individuals do file their income tax in the correct manner. However, there are errors at the final stage of verifying income tax returns filed.
The process of tax collection at source is a bit different from a tax deduction at source.
The choice within the banking space is huge and hence here is a look at what one can expect.
There are several details that should be the focus of the individuals and the conditions that come with this extra benefit.
Given the debt servicing troubles of leveraged companies, it is better to keep a track of your portfolio.
The holder of the deposit certificate would be able to get is that now this would not be classified as a capital asset
The investor is getting short changed if sweet deals actually take place between mutual funds and issuers of debt.
There is no way in which the investor will actually be able to know whether they would be covered as the dividend declared by companies is not certain.
Earlier shares got due to corporate actions such as amalgamation of company or demerger of company, were treated as a gift.
Monthly income plan attempt to offer monthly income, but it is not guaranteed.
The rise of the rebate from Rs 2,000 to Rs 5,000 is positive but if this is planned well then it can become a force multiplier
Dividends can be looked at as a source of income. However, one must be cautious while planning his money matters based on dividends declared by mutual funds.
Tax laws about the tax benefits associated with buying under construction property has changed. Here is how to make the most of the new rules.
Bank account is necessary to invest in mutual funds. Bank account can be added to a mutual fund portfolio.
While investing in fixed income instruments such as fixed deposits and debt funds, one must keep an eye on his tax rate.
When a mutual fund scheme you are invested into underperforms its peers and benchmark, here is how you should deal with the situation.
Senior citizens cannot get away saying banks have deducted tax at source. They have to account for their tax liability and also file their income tax returns if applicable.
Investors must keep a track of the mutual fund scheme mergers going forward. It will help them effectively track their portfolio performance.
These schemes are treated like equity fund for the purpose of taxation. The returns can be in line with the debt funds and will not be influenced by the movements in equity markets.