The Union Finance Minister Mr. Arun Jaitley said that better facilities and
services to the income taxpayers are the central to Direct Tax Reforms. He said, Te income tax
payers have a right to know the deductions made from their salary / income on
regular basis. More and mo…
Showing posts with label Income Tax. Show all posts
Showing posts with label Income Tax. Show all posts
Mutual fund investment: Ways to calculate Income Tax on SIP
Mutual fund investment: Ways to
calculate Income Tax on SIP By Ms. Preeti Khurana, www.cleartax.com Those who invest in mutual funds via systematic
investment plan (SIP), will agree how simple and easy it is. Your money is
invested automatically in your choice of funds. Howev…
Mutual Fund Investment: What are Tax Savings Solutions?
Mutual Fund Investment: What
are Tax Savings Solutions? Birla
Sun Life MF Tax Savings Solutions What are Tax Savings Solutions? Birla
Sun Life MF Tax Savings Solutions help to reduce your tax burden and at the
same time, aim to grow your money
through equity investments. Who ca…
Sukanya Samriddhi Accounts interest 8.6%, Minimum Rs. 1,000, Maximum Rs. 1.5 lac Tax Rebate
Sukanya Samriddhi Accounts Rate of interest 8.6%
Per Annum(w.e.f 1-4-2016),calculated on yearly basis ,Yearly compounded. Minimum Rs. 1000/-and
Maximum Rs. 1,50,000 in a financial year. Subsequent deposit in multiple of Rs.
100 Deposits can be made in lump-sum No limit on num…
Kisan Vikas Patra – KVP - doubles in 9 years, Minimu Rs. 1000, No Maximum Limit, Tax Rebate
Kisan Vikas
Patra (KVP) Amount Invested doubles
in 110 months (9 years & 2 months) Available in
denominations of Rs 1,000, Rs 5000, Rs 10,000 and Rs 50,000. Minimum deposit Rs.
1000 and no maximum limit. Salient
features including Tax
Rebate o Certificate can be purchased b…
How to report Future and Options -F&O- trading in your Income Tax Return?
How to report Future and Options (F&O) trading in your income tax (IT) return? Mr. Archit Gupta, Cleartax.in Income Taxpayers who deal in derivatives (example Future and Options ), describe their experience with the income tax filing process as vague and confusing. Here ar…
Capital Gain Account Scheme - 6 Smart Features
Capital
Gain Account Scheme - 6 Smart Features..! 1.
Capital Gain Account Scheme (CGAS) allows you to park sale proceeds
of a property without capital gains tax liability, provided another
property is bought within 2 years of sale or built within 3 years of
the sale. 2
. To…
New Online Fraud in the name of Income Tax Department
Hi All, new online
fraud. Today I received a mail where the
mail id is correct as admin. rf06@incometaxindiaefiling. gov.in .
The logo of income tax department
is also there. The mail states that I am
qualified for a refund of Rs. 25,882.19. It further states that in order …
Income Declaration Scheme 2016- Clarifications..!
Income Declaration Scheme 2016- Clarifications..! CBDT Circular No. 17/2016, Dated: May 20, 2016 [F.No.142/8/2016-TPL] (TPL DIVISION) The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter IX of the Finance Act, 2016 provides an …
