If you’re struggling to save up enough money to retire comfortably, you’re not alone. The majority of American workers are under-saved for retirement, and many don’t even have access to employer-sponsored retirement plans such as 401(k)s. In this article, we’ll discuss how the national pension scheme can benefit you now Read more…
What do you need to know about taxation in India? For starters, you should know that even though the formal name of the country is the Republic of India, its informal name (and the one most people use) is India. India gained independence from Britain in 1947 and became a Read more…
There are many components to your company salary that also vary with tax rules. Taxes for each component depend on current tax policies. You have some freedom in deciding how your salary is structured at work. Employers usually offer a number of different to you at work and you may Read more…
ELSS is one of the best tax-saving options for young investors because it’s transparent, low cost and easy to invest in. As an investor we know that knowledge is power. We empower our members with the right knowledge to make better decisions on personal finance. In this post, you will Read more…
You open your to-do list for the day and there it is! The one reminder you’ve ignored for weeks (or months) saying “Complete Your Tax Planning.” But today is the last day of submission of investment proofs! Yes, this can be procrastination fatigue, but know that if you complete your Read more…
2020 is a milestone year for many reasons, but it’s also been a completely unpredictable one. The economy is down and there’s a surplus of job losses. Many businesses are failing and due to this the rise of work from home jobs has skyrocketed. Aside from being a stable way Read more…
This time of the year, parents are planning for school admissions and students are preparing to go back to their classes with projects and assignments additionally, this year a Covid-19 situation has made students and their parents have to pay the school fees online. The school sends emails detailing how Read more…
Getting a home loan and buying property is the best way to make the most of tax benefits. You can save money when you get your home loan and deduct interest from it too. Additionally, from the tax year 2019-20 onwards, you can also get relief from paying taxes through Read more…
Introduction: What is a Tax Rebate? keywords: tax rebate, indian tax rebate, small tax rebate A tax rebate is a refund of taxes that an individual has paid in a previous year. The government offers this rebate as a way of encouraging people to save money for taxes. The Indian Read more…
At the end of every year, do you find yourself making multiple last minute tax investments? Are you asking if I have tried to look into why this pattern continues? Tax planning is one of the most important aspects of finance. The negatives associated with it are inevitable, but they Read more…