As per the Income Tax Act, 1961, various exemptions and deductions are available to the income taxpayers to provide relief from the tax. Similarly, Tax savings on Interest income under section 80 TTA & 80 TTB provides relief on Interest…
The online banking system has made our life more comfortable. Now, we don’t have to wait in queues for a longer time. Although you can operate every bank transaction from your online banking such as opening an account, transferring funds,…
Public Provident Fund (PPF) is a popular saving scheme that is long term investment that offers income tax benefit under section 80C of the Income Tax Act, 1961. Any resident individual can open the PPF account. You can also open…
An earning individual looks for the investment opportunities that are safe and secure with some fixed, regular income, and Post Office Monthly Income Scheme is such a type of saving scheme in which you can invest and earn a fixed…
Life Insurance Corporation of India (LIC) is one of the most renowned company insurance companies in India. LIC is popular for its quality services and various types of insurance products. The main benefit of having the LIC Policy is that…
The government keeps taking various measures in the education and financial sector for the girl child. Sukanya Samriddhi Yojana/ Scheme (SSY) is one of such schemes, launched by Prime Minister Narendra Modi. It is a Government-backed small saving scheme for…
How To Register On LIC Website To Make Online Payments Life Insurance Corporation of India (LIC) is the largest insurance and investment company in the country. It has crores of users who invest in it. Traditionally, the insurance deposits are…
Income Tax Declaration and Investment Proofs: The current financial year has just commenced and it is the time for each and every employer to submit their investment proofs. At the commencement of every financial year or at the time of joining…
Public Provident Fund (PPF) is the Best Tax saving as well as Investment Scheme sponsored by the government of India. Any Individual (whether Salaried or Self-Employed or any other category) can invest in this scheme and can earn a handsome…
Gold is a precious metal. The rates of gold do not incur depreciation. The market of the stuff has been so highly set in India that it has become the prized possession of esteem. In the year 2008 there was…