Small savings scheme interest rates: The Central government has opted to maintain the interest rates for various small savings schemes unchanged for the fourth consecutive quarter, starting from January 1,…
PPF and SSY: Investors of small savings schemes should note that there will be new rules applicable from October 1, 2024, which is the start of the third quarter of the…
Budget expectations: When it comes to yearly tax savings, Section 80C is one of the widely used tools for salaried individuals and Hindu Undivided Families (HUFs). Under Section 80C of the…
Public Provident Fund account: Introduced in 1968 under the National Savings Institute of the Finance Ministry, the Public Provident Fund (PPF) scheme was brought in to promote long-term savings and…
ITR: Filing tax returns is an annual affair. One should know every detail about the components in Form 16 and how one can get the maximum deductions and exemptions before…
Sir, I have decided to shift to the New Tax regime. I understand that deductions are not allowed in the new tax regime. Will I lose the tax benefit on…
The common perception is that individuals earning up to Rs 15 lakh annually cannot completely save on taxes. However, if planned wisely, one can pay zero tax even with a…
It is the start of the new financial year from April 1. Since last year, it is mandatory to choose the appropriate tax regime that suits a particular investor. Most…
It is that time of the year when you will be asked to submit investment proof so that your workplace can deduct tax before the end of the fiscal on…
The Centre on Friday hiked the interest rates of some of the small savings schemes, such as Sukanya Samriddhi Scheme, 3-year Time Deposit, for the January-March 2024 quarter. In a…