New ITR forms AY 2016-17 have been notified by the CBDT (Central Board of Direct Taxes). The new ITR forms in PDF format are now available on Income Tax Department’s website. The excel utilities (or) Java Utilities for AY 2016-17 will soon be made available on incometaxindia e-filing website. (The ITR 1 & ITR 4S AY […]
Archives for March 2016
10 Major Personal Finance Changes to look out for in FY 2016-17
Today is March 31st, the final day of the Financial Year 2015-16. Financial year starts from 1st April and ends on 31st March. There are many new amendments or changes that have been proposed for the next Financial Year (2016-17). In this article, let’s discuss some of the major Personal Finance changes that you need to know. Some […]
The Truth About Settling Credit Card Dues
OK. You’re stuck with a substantial amount of dues on your credit card, which for whatever reason, you can’t seem to pay off. In your desperation, you look for ways to free yourself that debt trap and end up where a lot of people usually end up at: settling credit card dues. The initial details […]
Mutual Fund Direct Plans Vs Regular Plans: Returns Comparison & Analysis
More than 50 years have gone by since UTI (Unit Trust of India) introduced their first mutual fund scheme in 1964. The Indian mutual fund industry has evolved over the years and has registered more than a six-fold increase in AUM (Assets Under Management) over the last 10 years. We now have thousands of Mutual Fund […]
The 7 Most Important Personal Finance Ratios You Need To know!
Every market savvy person must be aware of the importance of fundamental and technical analysis for evaluating a company. Charts, graphs, and ratios are at the crux of such analysis. Financial ratios form an integral part of a company’s financial statement and help to compare the performance of various companies at different time periods. The […]
Latest Tax Deducted at Source (TDS) Rates Chart for FY 2016-17 / AY 2017-18
TDS or tax deducted at source is a process of collecting Income Tax at source by the GOI (Government of India). It is a deduction of tax from the original source of income. It is essentially an indirect method of collecting tax which combines the concepts of “pay as you earn” and “collect as it […]
