It's almost tax filing season, and even though there's still time it doesn't hurt to be prepared early. That, as they say, is half the work done. Here's the ultimate document checklist that'll get you started with your e-filing.
Most of us know that we should be planning our investments, but even then we only rush to do so in March--the last month of the financial year. We think about it through the year, but we procrastinate. And in the end, we make a decision in haste, ending up with something not-so-good. Here's what you can do instead.
Believe it or not, the government actually loves TDS. When tax is deducted at source it helps them bring more and more people under the tax net. So the Income Tax Department takes TDS deduction and defaults very seriously! That makes TDS a very important thing to be aware of.
It is time to say goodbye to financial year 2015-16! Did something keep you from planning your taxes this year? Don't worry. There are still a couple of weeks to make the most of tax saving for this year. Here's a list of seven essential to-dos.
Our Finance Minister has a tough job keeping government's tax revenue and borrowing in check, and an empathetic view is what he needs. But ask we must and here's what the Finance Minister could do with his Budget for this year to make it a taxpayer's delight.