Author: sunil sharma

• Assocham appeals for a women centric budget!

  

  The Associated Chambers of Commerce of India (ASSOCHAM) in its pre-budget recommendation to the Finance Ministry has given various suggestions to be incorporated in the upcoming budget with the aim of making it easier for the women to join the workforce. “While we are confident about a positive multiplier effect of the leaving more money…

  sunil sharma

  June 2, 2016

  Income Tax Updates

• SAVE YOURSELF FROM FILING YOUR INCOME TAX RETURN TWICE!!

  SAVE YOURSELF FROM FILING YOUR INCOME TAX RETURN TWICE!! Yes, you may have to file your Income Tax Return twice if you fail to verify your return on time. People who file their return online often forget to verify their Income Tax Return. If you file your Income Tax Return without digital signature then you…

  sunil sharma

  June 2, 2016

  Income Tax for Starters (Basics)

• House Rent Allowance V/S Rent Free Accommodation!

  

  For the purpose of employment, people are forced to shift from one place to another and have accommodate a new house, some are provided accommodation by their employers and the rest of the employees arrange it on their own. In the former case, there can be two possibilities. Either employer owns the house or accommodation…

  sunil sharma

  June 2, 2016

  Income Tax Help

• 8 Common Reasons For Why You Get Income Tax Notices!

  Due to TDS. You may be slapped with a notice by the department if there is any mismatch in the amount of TDS which you have shown in your return and the actual TDS that has been deducted during the year. For example, In case, your employer forgot to file TDS return but the same…

  sunil sharma

  June 2, 2016

  Income Tax Learning

• Form 12BB Announced for Self-Declaration of Claims and Deductions

  The Income Tax Department has come up with a fixed format for the declaration of claims and deductions along with their evidences, to be given by the employee to the employer in the form 12BB from the Financial Year 2016-2017. From now onwards, it’s mandatory for an employee to provide with all the declarations along…

  sunil sharma

  June 2, 2016

  Income Tax Learning

• How Insurance Can Save Your Taxes in F.Y. 2017-18?

  

  Insurance is the best way to the financial security for your family along with tax saving.Insurance helps in tax saving by way of, Tax-free maturity amount and Tax Deduction on premium paid As we all know insurance, whether Life Insurance or Medical Insurance, is the most widely used instrument of tax saving. Let’s us discuss how…

  sunil sharma

  June 2, 2016

  Income Tax Saving