What is the New and Simplified Personal Income Tax Regime
On 1st February, Smt. Nirmala Sitharaman (Finance Minister of India) in the First Annual Budget of this decade announced the Annual Budget 2020-21 which included a lot of changes in the current tax regime to revive our slow economy. Being one of …
Missed ITR Deadline- Here’s What You Should Do
If given a choice, most of us wouldn’t even want to pay tax on the income we earn. But we should. As citizens of India, it is our rightful duty to pay taxes as we are also consumers of the country’s public …
What Are The Highlights Of The Budget 2020-21 Related To Direct Tax?
On 1st February, The Finance Minister of India announces the Annual Budget 20020-21 which included a lot of measures to revive our slow economy. This was inclusive of various short term, medium and long term measures. The following actions were made in …
Tax Planning: Best Tax Saving Options For Salaried Employees
As this financial year is close to its end, one thing that comes to every individual’s mind is the phrase ‘Tax Liability’. On the other hand, given a choice, most of us wouldn’t even want to pay tax on the income we …
5 Things To Know Before Hiring Financial Advisor
Who is a financial advisor? A financial advisor is an investment professional who is an expert when it comes to managing your saving and other investment related problems. They help you to draw up investment plans, choose the best investment alternative amongst …
A Crash Course on Property Management for First-Timers
When you purchase your first rental property, there are some critical factors that you need to be assessed. As Redfin explains, you need to determine how much you can charge for rent by taking features such as location, home size, and recent …
Why are the Corporate Giants Opting Out of the New Tax Cut-Off Scheme of Modi 2.0?
Story till Now To stir up the economy, the Union Finance Minister, Nirmala Sitharaman has announced heavy tax cut off wherein the effective tax rate of around 35% has been reduced to mere 25%. On top of that, the tax rate for …
Why the Indian Market Rose up By 1900 Points?
On Friday, the Indian government launched an all out attack on the drooping Indian economy to counter the economic slowdown. Surprisingly, it was welcomed by the investors at a great level where the Sensex rose by over 1900 points and Nifty closed …
How Differently-Abled Can Plan For A Financially Secure Future Without Prior Education
The country has already celebrated its 73rd Independence Day. However, many still ignore the very existence of differently-abled people, their requirements and their plight, including the importance of financial Independence for specially abled people. Few years back, our Prime Minister spoke about …
Which is Better SIP or FD? How to Choose?
Whether you are a professional financial business planner or new to the games of Investing, two terms would have struck your head as soon as you thought of investment i.e. Fixed Deposit (FD) and Systematic Investment Plan (SIP). In FDs (popularly known …
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