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Your Money and Tax

India News - Tue, Mar 9, 2010

Budget: Promises kept and not. . .

Budget: Promises kept and not. . .
As a follow on to all the articles written about Budget 2009-10, here's a review of what took place, what is still taking place and what has not taken place.

Tax: Should you invest in Infrastructure Bonds?

Tax: Should you invest in Infrastructure Bonds?
r the people in the Rs 5-8 lakh bracket, it would be advisable to invest in infrastructure bonds if the period of investment is 3 years, but not for five years and for those in the Rs 1.6-5 lakh bracket, it would be an absolute no-no to invest in Infrastructure Bonds for tax-saving purpose.

Budget: Just who saves how much tax!

Budget: Just who saves how much tax!
A back of the napkin calculation will tell us that people having a taxable income of Rs 500,000 will be paying a tax of Rs 34,000 in 2010-11 as against Rs 54,000 in 2009-2010. A saving of 37.04%!
India News - Mon, Mar 8, 2010

Budget plugs tax loophole

Budget plugs tax loophole
Mechanism for non-resident service providers made stricter.
India News - Thu, Mar 4, 2010

Tax slabs may be raised further in new code

Tax slabs may be raised further in new code
Having altered the income tax slabs in the Budget, the Finance Ministry on Thursday said the next round of widening of the tax slabs is possible when the direct
India News - Wed, Mar 3, 2010

Financial advisors shun MFs

Financial advisors shun MFs
Though it has been more than six months since the ban on entry load on mutual funds (MFs) came into force, independent financial advisors (IFAs) are still shying away from selling MFs.

How to boost your savings kitty

How to boost your savings kitty
The Union Budget, despite being constrained by a high fiscal deficit, gave some relief to the Rs 3-8 lakh income group.
India News - Tue, Mar 2, 2010

Some golden investment tips

Some golden investment tips
In a chat on rediff.com on Tuesday, investment expert Harsh Roongta offered some valuable tips
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