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Articles by kunal

All about Fixed Deposits (FD'S)

Posted by kunal 28 January 2015 19034 Views

IntroductionAlthough a very familiar term in everyday life, fixed deposits or FD as we call it, is one of the very crucial investments which almost every individual happen to make or open with their

Tax Planning Under Section 80C

Posted by kunal 24 January 2015 45192 Views

Tax planning under section 80C (Chapter VIA) Investment avenuesIntroductionIn order to tax individuals on basis of their earnings (higher tax bracket for high income group and lower tax bracket for lower income group) income tax department le

HRA: An effective tax planning tool

Posted by kunal 22 January 2015 26445 Views

IntroductionAccording to Section 14 of Income Tax Act, 1961, the income of a person is classified under various defined heads of income. Thus, for the purpose of computation of total income, the income is first categorized under the heads of income a