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Introduction-Angel Tax Relief vide latest DIPP notification dated 16th January 2019 has provided the exemption from under clause (viib) of sub-section (2) of se..

Posted in Income Tax |   2192 Views

Introduction-Section 80E allows deduction in respect of payment of interest on loan taken from any financial institution or any approved charitable institution ..

Posted in Income Tax  7 comments |   4006 Views

Introduction about this scheme (Section 44AE)- The presumptive taxation scheme of section 44AE can be adopted by a person who is engaged in the business of plyi..

Posted in Income Tax  10 comments |   5523 Views

Deduction under section 80U: For Disability of the Individual Himself This deduction is available to Resident Individual for himself. Disability under section 8..

Posted in Income Tax  16 comments |   2839 Views

Introduction-Pardhan Mantri Vaya Vandana Yojna is one of the good investment plans for senior citizens, who has completed 60 years or above. The interest earned..

Posted in Income Tax  16 comments |   3867 Views

What is Advance Tax?Advance Income Tax means to pay your yearly income tax liability in installments. It reduces the excess burden of assessee�s at the en

Posted in Income Tax  9 comments |   4329 Views

This deduction is available to all Residents Individual or HUF, for medical treatment of disable

Posted in Income Tax  11 comments |   2977 Views

Senior Citizen Savings Scheme (SCSS)

  VISHAL BANSAL    05 December 2018 at 17:36

Senior Citizen Savings Scheme (SCSS)�Wealthy people invest first and spend what�s left and broke people spend first and invest what�s left.&rd

Posted in Income Tax  12 comments |   3126 Views

Public Provident Fund Account (PPF)

  VISHAL BANSAL    03 December 2018 at 17:16

Public Provident Fund Account (PPF)"Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the futur

Posted in Income Tax  13 comments |   3762 Views

Monthly Income Scheme (MIS)

  VISHAL BANSAL    03 December 2018 at 17:16

"The rich invest in time, the poor invest in money." Introduction-Monthly Income Scheme is best for retired persons, earn

Posted in Income Tax  8 comments |   3311 Views

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