What is an Income Tax Notice? Did you receive an Income Tax notice and are wondering how to respond to it? Or maybe you are wondering what an income tax notice is? Or perhaps you want to know when is an income tax notice is issued? Don’t worry we got you covered. Read on to…
Income Tax Filing is the process of declaring your taxable income, deductions, and tax payments for the applicable FY. The last date for filing ITR is usually 31st July of the applicable AY. However, it was extended till 31st August for AY 2019-20, i.e. for FY 2018-19. Filing ITR is an annual affair, but most…
Can I file income tax return (ITR) after the due date? What will be the consequences or penalty for ? Will I be charged some penalty? These are some of the questions that might come to your mind, when you miss the due date to file ITR. Read on to find the answers to these…
Forms 15G and 15H are declaration forms that can help you prevent TDS on your fixed deposit interest income. Notably, PAN is mandatory to avail the tax benefits through these forms. Form 15G is for individuals below 60 years and Hindu Undivided Families (HUF), whereas Form 15H is for individuals aged 60 years and above….
Credit cards can be perplexing for the first time users as they are a lot more than just a piece of plastic and it is imperative to have a basic understanding of credit cards in order to use them effectively. Credit cards usually differ in terms of rewards, benefits and privileges they offer but the basic features mostly remain the same for all credit cards.
Whenever you make a purchase, withdraw money or even when you dine out, the seller will give you an acknowledgment of the payment in the form of a receipt. Though it may be annoying to look for the important stuff in a purse or wallet full of scrap paper, saving your receipts is, in fact,…
It is super convenient to have a wallet that has multiple credit cards. The important question remains how many credit cards should you ideally have. If you want a basic credit card for occasional use to probably make small payments online or offline, then having one credit card might be sufficient but if you are looking to maximize your rewards or to build your credit score then having at least two credit cards could be a great strategy for your long-term goal.
