4 Situations Where Personal Loan Interest Tax May Be Deducted

Borrowers can obtain money for personal needs through the use of a personal loan as a financial instrument. A personal loan may be utilised for all of these reasons and more, including last-minute vacation needs, unforeseen financial difficulties, and wedding costs. A quick personal loan may be readily applied for online and has much less […]

9 Tips to Make Sure You File IT Returns Timely

The season for submitting returns for the AY 2020–21 has officially begun, as is common knowledge. Everyone is now prepared to file their income tax returns by the deadline. Many taxpayers are wishing for an extension of the deadline as the due day for filing tax returns draws near. It is not advisable to file […]

Time to Prep for Filing Your Tax Return

Taxation is a complicated topic, and the frequently altering rules, procedures, and regulations may make anybody confused. An assesses has four months to have their tax returns ready to file. The field of tax preparation is expanding and offers the community a valuable and appreciated service. Quick check: Check who you are really borrowing from: our directory of RBI-registered lenders lists each NBFC’s registration, loan apps and complaint contacts. Also see APR vs interest rate: what loan apps really cost. For example, see our […]

12 Tips on When To Sell Your Stock

Stock investing involves finding a strong stock, purchasing it, keeping it for a long enough time, and then selling it at the right moment. Even with solid stock calls, the third step of the process, selling the stock, frequently doesn’t give it the value it merits, leading to less-than-ideal market returns. In terms of investing, […]

Mistakes to Avoid While Investing In ELSS

Equity-linked savings schemes (ELSS) are tax-saving financial instruments and offer tax benefits under section 80C of the Income Tax (IT) Act. Such funds invest a majority of the corpus in equities to deliver capital appreciation. ELSS is one of the most popular instruments for saving on taxes. With its impeccable track record of beating inflation […]

Senior Citizen Savings Scheme (SCSS)

A Senior Citizens’ Saving Scheme (SCSS) is a government-backed retirement benefits programme. Senior citizens resident in India can invest a lump sum in the scheme, individually or jointly, and get access to regular income along with tax benefits. Senior Citizens Savings Schemes can be availed by any individual above the age of 60 years. They […]

Income Tax Basics

Income tax is a type of tax that the central government charges on the income earned during a financial year by the individuals and businesses. Taxes are sources of revenue for the government. Government utilizes this revenue for developing infrastructure, providing healthcare, education, subsidy to the farmer/ agriculture sector and in other government welfare schemes. […]