Tax saving mutual funds or Equity linked Saving Schemes (ELSS) help you to save income tax under section 80C of the Income Tax Acts. You can invest a maximum of Rs 1.5 Lakh in ELSSs and claim tax deductions on your investments every financial year. Are you Interested? Before procedding further, you should first familiarise …
With the implementation of GST, 2017 saw a complete change in the way we used to pay our taxes. Scroll down for more details on how the government of India gets it money and pick the trend you want to see: personal income tax, corporate taxes, service tax, excise or customs duties. SOURCES OF REVENUE …
The Income Tax Department had extended the date of filing of income tax returns for Assessment Year 2020-21 (FY 2019-20) to 10 January due to Corona crisis. According to the Income Tax Department, till January 6, around 5.61 crore people have filed ITR. Do this preparation first First of all, to file ITR, keep your …
With the opening of the new year (January 1, 2021) there have been many changes. One of these changes is about MF Investments. If you also invest in mutual funds, then it is important to know those five major changes that have come into effect from today. Market regulator SEBI (SEBI) has made some new …
Savings are a good habit, but can only your savings fulfill your future needs, then the answer is yes, if saving in a smart way, you can fulfill your life goals. Can. Like suppose you want to become a millionaire. For this, which investment option will you have to choose to become a millionaire as …