Everything about PPF and its Tax Benefits
What is PPF (Public Provident Fund)? PPF stands for Public Provident Fund which is backed by Indian Government. It is the most common investment for a number of decades. Its features like guaranteed return, tax exemption under section 80C as well as tax free interest under section 10(11) makes it the most popular investment among […]
NSC – National Saving Certificate
National Saving Certificate, commonly known as NSC, is saving bonds issued by Indian Government to individuals only. It is primarily focused on small savings. Also, the amount invested in NSC, can be claimed as tax deduction investment u/s 80C of Income Tax Act, 1961 subject to limit specified. Features of NSC VIII Issue Interest on […]
How to Use Fundamental Analysis in Forex Trading
Traders in the foreign exchange market implement the same two types of analysis as stock market investors do: fundamental and technical analysis. The applications of technical analysis in Forex are similar: the price is considered to reflect all news, and the charts are the focus of the study. But, unlike corporations, governments do not have […]
Order of Utilisation of Input Tax Credit Under GST
Meaning of Input Tax Credit (ITC) Input Tax Credit refers to the tax already paid by a person at time of purchase of goods or services and which is available as deduction from tax payable on sale of goods or services. It can be ITC of IGST, CGST & SGST. ITC Claim ITC claim means […]
Cost Inflation Index (CII) for FY 2024-25 and Previous Years
Cost Inflation Index (CII) Applicable from Financial Year 2017-18 Financial Year (01 Apr to 31 Mar) Cost Inflation Index (CII) 2024-25 363 2023-24 348 2022-23 331 2021-22 317 2020-21 301 2019-20 289 2018-19 280 2017-18 272 2016-17 264 2015-16 254 2014-15 240 2013-14 220 2012-13 200 2011-12 184 2010-11 167 2009-10 148 2008-09 137 2007-08 […]
Top 11 Online Accounting Software in India
Managing finances, taxes, and cash flow has become significantly easier due to the rise of online accounting software. Here, we’ll delve into the top ten online accounting software solutions for Indian small businesses in 2023, taking into account your feedback. 1. Zoho Books Zoho is one of the famous names in the CRM software globally. […]
Different types of ITR form available for Taxpayers
Each year, individuals earning income higher than the basic exemption limit are required to file their income tax returns (ITRs) online. If you belong to this category, and if you are not otherwise required to be audited under the Income Tax Act, 1961, you will generally need to file your ITR by July 31 of […]
Mistakes to Avoid While Filing Your ITR
Anyone whose total taxable income exceeds the basic exemption limit is required to file an Income Tax Return (ITR) during the relevant assessment year. If your total taxable income also exceeds the tax-free limit, you may have to pay income tax. In addition to this, it is also mandatory to take care of your ITR […]
How the New Tax Will Impact the Online Casinos in India
Will India Impose the New 28% Tax on the Online Casino Market The Indian online gambling sector has soared over the past years, and the second-most populated country has become one of the most promising markets. Players can find numerous domestic and offshore operators and enjoy all forms of online gambling. Since online gambling is […]
Manage Your Bajaj Finserv EMI Network Card Online at Home!
Common problems often faced by various individuals are the guilt and anxiety around making big-ticket purchases and extremely hassle-ridden EMI payment tenures. However, Bajaj Finserv consumer portals such as the Bajaj Finserv EMI customer care number, their SMS line and the Bajaj Experia Portal make this process as smooth as butter on a hot pan. […]