Archive | Union Budget of India RSS feed for this section

Tax Planning for 2009 – Part 1

March 27, 2009

23 Comments

I will be writing about the Tax Planning for the year 2009. How ever the budget is not yet announced, we have to wait till the election is getting over. But, learning some tips for the tax savings is important before submit your tax declarations. If you have not saved anything before forget it and [...]

email
Continue reading...

What is Credit Counseling?

March 21, 2009

1 Comment

Introduction In this article I will be writing about the credit counseling. It is a process offering education to consumers about how to avoid incurring debts that cannot be repaid. This process is actually more debt counseling than a function of credit education. Please post your comments after reading this article. You can subscribe to [...]

Continue reading...

Home loan interest Exemption may be hiked to Rs 2lakhs

February 13, 2009

0 Comments

The interim budget to be announced on Monday could bring some cheer to consumers and investors as acting finance minister Pranab Mukherjee may use the opportunity to announce one more stimulus package in the form of targeted tax incentives. Sources in the government told TOI that Mukherjee may announce tax sops aimed at boosting the [...]

Continue reading...

EPF (PF) Transfer and Form 13

February 2, 2009

140 Comments

In this article I will be writing about the Employee Provident Fund (EPF) or PF transfer from one employer to another employer and what is the use of Form 13 . Job change is very normal in these days, so it become common for every one to transfer their Provident Fund(PF) to the new employer’s [...]

Continue reading...

Income Tax Exemption on Donations (NGO) under Section 80g

February 1, 2009

108 Comments

In this blog I will be writing about the Section 80g which presents the laws for tax exemptions on donations and fund spent on the NGOs. You will get the tax exemptions benefits when there is a donation for NGO’s. This law would encourage people to donate more fund for NGO’s and most of the [...]

Continue reading...

No need to submit proofs for LTA

January 29, 2009

2 Comments

Employers, while assessing the conveyance and leave & travel allowance (LTA) claims of their staff, are under no statutory obligation to collect supporting evidence and furnish them to tax authorities, the Supreme Court said on Wednesday. A bench comprising Justice SH Kapadia and Justice Aftab Alam said that assessee employers are under no statutory obligation [...]

Continue reading...