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… Continue reading Assocham appeals for a women centric budget!

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… Continue reading SAVE YOURSELF FROM FILING YOUR INCOME TAX RETURN TWICE!!

With first salary, comes tax responsibility! Start saving your Taxes!

When a person starts with his job, one of the most tedious and challenging task for him can be having a robust financial planning. Often it is observed that ‘Gen X’ or the young generation focus their energies only on Financial Planning and ignore Tax Planning. It is the most pertinent time for managing your financial goals… Continue reading With first salary, comes tax responsibility! Start saving your Taxes!

VALIDATION OF TAX RETURNS THROUGH EVC ALLOWED FOR AY 2014-15 AS WELL !

Income tax department [vide its circular no 41/2015 dated 15.04.2015 issued by CBDT]  announced that taxpayers who filed their income tax returns online will no longer have to send the paper acknowledgement by post to CPC Bangalore, if they have aadhar card which can be used for verification purpose. Instead of manual verification, a new… Continue reading VALIDATION OF TAX RETURNS THROUGH EVC ALLOWED FOR AY 2014-15 AS WELL !

NO MORE SENDING OF ITR’S TO CPC, VERIFICATION WITH EVC INTRODUCED..!

The online filing of the returns has made the process easy and fast. But still a litlle bit of manual step lies at the end. So to make the life of taxpayers more easier, Income Tax Department has introduced the concept of EVC to e-verify the returns. With this you dont have to send the… Continue reading NO MORE SENDING OF ITR’S TO CPC, VERIFICATION WITH EVC INTRODUCED..!

Income Based LPG Subsidy distribution from 2016

The Government has surprised our countrymen on this new year.But this has come as a rude shock for our decent taxpayer’s.Cause of their hackles being their beloved LPG subsidy. According to the press release by Ministry of Petroleum and Natural Gas all the well-to-do households will no longer be eligible to LPG Subsidy from January.This will specifically… Continue reading Income Based LPG Subsidy distribution from 2016