Taxpayers Corner Articles

Few personal IT tips - For salaried employees

Posted by ANKIT AGARWAL 31 October 2015 24785 Views

HRA (House Rent Allowance) should be exactly 50% or more of the Basic Salary Portion in order to take maximum HRA exemption relief: Transport Allowance should be increased to Rs. 19200 per

Pradhan Mantri Jan Dhan Yojna - A step towards "Ache Din"

Posted by CA Nayan Gupta 27 June 2015 13628 Views

Pradhan Mantri Jan Dhan Yojana is National Mission for Financial Inclusion to ensure access to financial services, namely Banking Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. This financial inclusion cam

Key Changes in New ITRs and Eligibility - AY 2015-16 (FY 2014-15)

Posted by Gaurav Jain 26 June 2015 34967 Views

The Rule 12 of the Income-tax Rules was amended vide Notification No. 41/2015, Dated 15-04-2015. The new ITR Forms 1, 2 and 4S were notified for the assessment year 2015-16 vide said notification.In view of various representations received it was ann

100 things of TAX for common man!!

Posted by CA Umesh Sharma 01 June 2015 27752 Views

Karneeti Part 100100 things of TAX for common man.!!Arjuna (Fictional Character): Krishna, Today �Karneeti� is completing its Century and we will continue it. In these �Karneeti� Articles we have discussed about various taxes

Why KYC

Posted by Raghavendra Prasad M 30 May 2015 15589 Views

Dear Tax Payers , KYC is the buzzword first in Banks, next in Insurance Companies, and then Chartered Accountants offices .The Prevention of Money Laundering Act,2002 and Rules came into force from 1st July,2005, i.e., complet

Lets plan new financial year

Posted by CA Umesh Sharma 31 March 2015 11529 Views

Karneeti Part 82Lets Plan New Financial Year by following Jai HanumanArjuna (Fictional Character): Krishna, on 4th April, 2015 Hanuman Jayanti will be celebrated. So, if correlation of Hanumanji Chara

Taxpayers follow March end Rule Otherwise you may be an April Fool

Posted by CA Umesh Sharma 16 March 2015 17716 Views

KARNEETI Part 80Taxpayers follow March end RuleOtherwise you may be an April FoolArjuna (Fictional Character): Krishna, the last month of Financial Year 2014-15 March is here. Everyone is in haste due to March end f

What to expect from Budget 2015

Posted by CA SONIYA AGARWAL 07 February 2015 17039 Views

BJP Government first budget under the leadership of Shri Narendra Modi making it the most crucial one. General Expectation of people from budget is favourable tax rates, more reliefs, deductions, easy tax Compliance etc. Every year in the month of Fe

Cracking CA Final not difficult Part-2

Posted by Ashwini Nirgude 02 December 2014 14457 Views

Hello Friends,Continuing with my previous article, lets discuss something further.Planning for Financial Reporting:- Friends practice is the most important thing for this paper. Do accounting standards well. Friends if you do AS

Is KVP a tool to convert black money to white?

Posted by CA Umesh Sharma 24 November 2014 32080 Views

Karniti Part 64Is it a tool to convert Black Money into White - Kisan Vikas Patra ?Arjuna (Fictional Character): Krishna, recently the Government has reintroduced the investment scheme of Kisan Vikas Patra. There are many questions rega