For every individual, whether salaried or self-employed, saving money proves to be an essential part of one’s life. Saving money is easier said than done. Every individual aims to save a certain amount of money but end up spending it all. This could lead to several problems in the long run when you will be…
We know about FD, don’t we? But just so that we are on the same page fixed deposits are one of the safest and most consistent saving schemes that guarantee us a fixed percentage of the principal as the return over their tenure. Fixed deposits can be opened by Indian residents, Senior Citizens, and NRIs….
New GST Return (GSTR) Forms have been announced by the Central Board of Direct Taxes (CBDT), the apex authority for taxation in India. The new forms have been titled as GST Return (Sahaj), GST Return (Sugam) and GST Return (Normal). These new forms will be available as part of a pilot project for use by…
The Central Board of Direct Taxes (CBDT), the apex body for collection of indirect taxes in India, has clarified that no GST (Goods and Services Tax) will be levied on TCS (Tax Collected at Source) of a product. Thus going forward, the TCS component will not be part of the price of the good used…
Credit cards can be a great addition to your wallet but only if used wisely. Reckless use of your credit can result in a debt spiral that can ruin your budget and eat into all your future income. However, credit card debt is not a life sentence. There are multiple ways how you can get…
As per the latest communication shared by the income tax department, eligible tax refunds will be only issued digitally. Further, tax refunds will be made only to the bank accounts which are linked with PAN. The new guidelines regarding the tax refunds will be effective from March 1, 2019. E-refund of income tax means…
Credit card providers are coming up with new ways to attract consumers. Many credit cards specialize in rewarding a particular spending habit. Credit cards reward the customers in the form of Points, Cashback or Airmiles. Choosing a particular rewards credit card is important as it allows you to maximize your returns on transactions. This article…
A credit card can prove to be really beneficial and useful tool if used responsibly. The security features that credit cards are decked with nowadays make them much more secure then carrying regular cash. Once you get a credit card and start making good use of it, the next question is whether you should get…
As per various media reports, the revenue department is set to put a mechanism soon to ensure that all eligible tax refunds are issued within 24 hours of time frame. Revenue secretary Ajay Bhushan Pandey has shared with the media that within 2 years of time, the income tax department, will start processing income…
