In case if you want to purchase a new house by selling off your present house irrespective of the gain you get by selling, you can get away from the tax. Yes! If your motive is to sell the house…
How to Pay Zero Tax for Income up to Rs 12 Lakhs and Get Tax free for Financial Year 2016-17 The budget has been issued and there have been no notable changes made in terms of tax rates for individuals. …
PAN card is one of the essential things that every eligible tax payer of the country should hold. PAN holds a great significance and is a must to carry for eligible tax payers of the country. It is a mandatory…
Tax And Penalty On Cash Deposit Due To Demonetization Though the latest move of government towards the ban on big notes in the country is aimed at building a black money free society, it has pushed the commons to the…
How to get New Pan Card when Old pan Card Damages? PAN Card is an important document for each and every individual for those who deals with different financial transactions. Sometimes, the PAN Card may damage or lost and there…
What do you understand by National Pension Scheme, NPS? The changes introduced in the NPS, 2016 The PFRDA, in its circular added two more options of life cycle funds under Auto Choice option viz. Aggressive Life Cycle Fund and Conservative…
The Cash Deposit Limits in accordance with the new policy- On November 8th, 2016, a vicious decision was made for the brutally corrupted people and that was to ban Rs. 500 and Rs. 1000 notes as a legal tender in…
How To Register On The Income Tax Department Website? Every tax payer need to complete the registration process in order to access the e-Filing website. eFile or electronic filing is a system for submitting tax information to the IRS through…
EPF Online Transfer Claim Through OTCP & UAN Member portal : Employees Provident Fund Organization has rolled out a scheme of providing Provident Fund numbers for all the employees in the month of September, 2014. Through this scheme, all the employees…
House Rent Allowance (HRA) Exemption – Sec 10(13A) Several allowances can be availed for all the employees as per the act introduced by the Income Tax department. Among numerous allowances, the relevant employers often give House Rent Allowance to the…