Plan Your Investment

Introduction In this article I will be writing about the safety of your fixed deposit in the banks. In my earlier article I have written about how to avoid TDS on fixed deposit? and I received many comments for that post. One of the comment posted by Praveen says I learn that of the total [...]

If you have a salary account/savings bank account in a bank, it is better if you withdraw money as per your requirements instead of at one go. From next April, the balance in your savings account will earn interest on a daily basis, following the Reserve Bank of India’s decision to implement new interest calculation [...]

Introduction Earlier I have written article about TDS and how to avoid the TDS for Fixed Deposit?. If you are familiar with the term please read the articles which is explaining the TDS. In this post I will be explaining the types of income where TDS is collected. It is important to know the details [...]

As we know that the filing of tax returns date is nearing. Many of us have doubts that is it mandatory to file the tax returns?. Even if it is not mandatory, better to file the tax returns to avoid any future legal implication. However government has made six rules when the filing of tax [...]

We are in one of the toughest times in economy history. If you have not read the newspaper or magazines, the economists says this is the worst recession after the great depression in 1929-1930. Every day there is lot of bad news about the bankruptcy filing and number of lay-offs from the corporate giants. It [...]

Earlier I have written one detailed article about How to avoid TDS on Fixed Deposit?. That article gets lot of attention and readers started asking many questions related to TDS and fixed deposit. I felt that I have missed few points in that article it is better to write another article which summarizes the important [...]

Sobha Builders Even as the demand slump is forcing leading property developers across the country to prefer affordable housing in place of high value apartments, Bangalore-based Sobha Developers is firming up plans to launch a high-end apartment project in the city. The project, which would carry a price tag of about Rs 6,000 per sq [...]

In this blog I am just pointing to another blog which talks about the time value of money. Many people not knowing the value of keeping money without any proper investment, today’s money value is not equal to the tomorrow’s money value.  This blog post explains it nicely with equation. As the blog states : [...]

In my previous article I have explained about the HRA and Tax Benefits. This article explains the HRA exemption for tax savings and how to calculate the allowed limit for HRA exemption. But, doesn’t talk much about the rules or different scenarios involved while applying for the HRA deduction. The scenarios may not be the [...]

In this article I will be explaining about the tax declaration for House Rent Allowance(HRA). If you are employed in any company you would have got request from your employer to update the Tax Planning and Declaration for 2009 – 2010. Then you can declare tax savings on Section 80c for Rs.10000 and home loans if [...]