A letter from an Indian homemaker to the Finance Manager ahead of the Budget!
There is a misconception among some salaried individuals that because the employer has deduced tax at source they are not required to file tax returns.
It's that time of the year again when one needs tobegin calculating their tax liabilities.
Faced with numerous challenges relating to spectrum allocation, spectrum charges, tariffs and challenges on the regulatory front, the telecom sector hopes for positive steps in the Union Budget 2013-14 to provide the much needed momentum to the sector.
This year's Budget comes at a time when interest rates are still high and demand for real estate has remained poor.
Every industry worth its name has a group of associations and lobbyists voicing their concern and expectations from the Budget and the Finance Minister.
This is as easy as it gets and all one needs to do is to enter the PAN number and the assessment year on this site to access the current position of the tax refund.
This year there are high expectations for lowering home loan interest rates, over the next 12 months and increased interest rate subsidy for loans up to Rs 50 lakh.
The last fiscal has been quite harsh on the businessmen due to several factors ranging from a slump in the economy coupled with a slowdown in the European Union.
Health sector in India has seen some of the most dramatic growth stories in past decade. Ranging from improved health care facilities to low cost treatment, the success of the health sector has been primarily driven by private enterprise.
There have been many innovative and helpful developments in the Indian education sector in the last 4-5 years.
Union Budget 2012 will be unveiled soon and as is the case with every Budget season there are a lot of expectations, aspirations as well as doubts.
TDS on health insurance claim payments reimbursed to hospitals should be NIL
Any number tilting towards 5.5 to 6 could lead to a great disappointment for foreign institutional investors fuelling the current market rally.
Home loan insurance covers the loan liability of the borrower.
It is therefore important that precautions are taken so that you do not have to pay financially for the misdeeds of others.
How well a mutual fund does largely depends upon the performance of companies in which its funds have been invested.
NEFT is a nation-wide system, which helps individuals, firms and corporate to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country.
When we do not write our daily expenses, we will tend to miss out on many small bits, the Re 2 parking ticket, the 5 rupee beeda, the ten rupee toll fees, the 3.50 afternoon news paper and so on and so forth.
There have not been any significant changes either in the personal income tax slabs or in tax saving avenues.
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