Central Board of Direct Taxes has notified the new ITR Forms AY 2017-18 (for FY 2016-17). In order to make Income Tax Return filing easy, quite a few changes in ITR Forms have been implemented. The new ITR forms in PDF format have been made available, while the excel utilities (or) Java Utilities for AY […]
Archives for March 2017
Latest Post Office Small Saving Schemes Interest rates FY 2017-18
The National Savings Schemes (NSSs) are one of the very popular saving schemes in India. These are regulated by the Ministry of Finance. They offer complete security of investment combined with attractive returns. These schemes also act as instruments of financial inclusion especially in the geographically inaccessible areas due to their implementation primarily through the Post […]
Muthoot Finance April 2017 NCD Public Issue : Details & Review
The interest rates on Bank fixed deposits have been on the downward slope and the interest rates on popular small savings schemes like Senior Citizen Savings Scheme, Post office MIS etc., are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for […]
Income Tax Exemptions FY 2017-18 : List of important IT Deductions for AY 2018-19
Budget 2017-18 & the Finance Bill 2017 have been tabled in Parliament. The income tax rate for those earning between Rs 2.5 lakh and Rs 5 lakh has been halved to 5%. Except this change, all other Income Tax Slab rates have been kept unchanged by the Finance Minister for the Financial Year 2017-18 (Assessment Year […]
Unclaimed Insurance Policy amount : How to locate, find & claim it?
Unclaimed money is money from lost bank accounts, shares, investments and life insurance policies. Are you aware of the fact that Unclaimed investments to the tune of around Rs 40,000 Crores are lying with financial institutions like Banks, Life insurance companies, Post office, Provident Fund office, Income Tax departments etc., Some people, maintain records of their […]
Top 5 Best ELSS Funds for FY 2017-18 | Top performing Tax Saving Mutual Fund Schemes
Tax saving is one of the most important investment objectives of many investors. In another 10 days the current Financial Year ends and the new one begins. So, when is the right time to start planning your taxes? Is it good to wait till next IT declaration season or March for tax planning? You may […]
