TaxYogi is an online income tax return preparation service from InvestmentYogi.com. Here's a review of the service. … [Read more...]
Making ULIPs better – The problems, the corrective steps taken by IRDA and their implications for you
July 9, 2010 by ·
For past few months, the Insurance Regulatory and Development Authority (IRDA) has been taking some steps to make Unit Linked Insurance Plans (ULIPs) more transparent and user friendly. This article lists these positive changes and discusses their implications for you. … [Read more...]
Revised draft of Direct Tax Code (DTC) released – The changes and how they impact you
June 16, 2010 by ·
The revised draft of the Direct Tax Code (DTC) has been unveiled. Let’s see what the changes are, and let’s understand what it means for you – what is good and not so good in this new DTC. … [Read more...]
Review of online income tax return preparation service TaxMunshi from Paisaa.in
June 13, 2010 by ·
Paisaa.in provides an online income tax return preparation service, called TaxMunshi. Here's a review of the service. … [Read more...]
Income Tax (IT) treatment of gratuity proceeds and calculation of exemption
June 4, 2010 by ·
How much income tax you pay on the amount you receiv as gratuity depends on the type your employer and your coverage under the Payment of Gratuity Act. This article explains the taxation provisions in detail. … [Read more...]
Section 80CCF – Save Income Tax (IT) through investment in infrastructure bonds
March 25, 2010 by ·
Budget 2010 has introduced one more avenue for you to save tax – Infrastructure Bonds. This article explains the detailed provisions for this. … [Read more...]
Budget 2010-2011: Service Tax on Property / House / Apartments / Flats
March 10, 2010 by ·
Budget 2010 introduced service tax on construction of property by builders. What does it mean for you as a buyer? Would you have to pay Lakhs of rupees more? Find out what would be covered under this new provision. … [Read more...]
Understanding the components of your salary and their taxation
May 25, 2009 by ·
Your salary consists of many components. This article explains what each component means. It also discusses the income tax applicability of each component.[The article has been inspired by a query from reader Dinesh Kumar] … [Read more...]
Make donations, save income tax – Section 80G
February 7, 2009 by ·
Are you interested in philanthropic activities? Do you donate money to charities? If yes, you could be saving income tax. You could save tax even if you contribute money for public purposes. Read on. … [Read more...]
Income Tax (IT) Slabs / Brackets and rates
February 2, 2009 by ·
This article gives you the details of the most recent, currently applicable income tax slabs / brackets and the applicable income tax rates. The slabs for women and senior citizens are also covered.The article also covers some historic slabs and tax rates. One of the most basic … [Read more...]
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