Public Provident Fund(PPF) u/s 80C
Introduction In this article I will be writing about the Public Provident Fund(PPF) as the tax savings component. In our previous article, I have explained about the Provident Fund(PF) and its features. PPF is suitable for those who don’t have PF account or any one who is looking for the long term savings. This article [...]
Investments on Section 80C – Part 1
Introduction In this series articles I will writing about the various components available in the section 80C. There is lot of queries asking doubts in the investment options available in the section 80c. I felt it is good idea to write series of articles explaining the components in the section 80c. I hope this series [...]
Tax proofs submission for the Financial Year 2009-10
Introduction If you are salaried employee, you would have received mail from your employer to submit the tax proofs which you have declared at the beginning of the financial year. Here I will write down few important points to submit the proofs without any last minute rush. Subscribe to our articles here. 1. Don’t wait [...]
EPF Transfer and Opening PPF Account
Today’s post is response to question received from our reader. The topic is how to transfer the PF balance and opening the PPF account. Please write your questions here. Question : 001 Hi, This query is regarding the PF transfer. When i left my previous employer, it was in integration with another company. Hence out [...]
New Pension System – NPS
What is the New Pension System (NPS)? It is a system where individuals fund, during their work life, their financial security for old age when they no longer work. All those who join up would get a Permanent Retirement Account (PRA), which can be accessed online and through so-called points of presence (PoPs). A central [...]
Tax Planning for 2009 – Part 2
Introduction Earlier I have published Tax Planning for 2009 – Part 1. The previous post explains the basic stuff on tax savings using the home loans and the fixed deposit schemes. It doesn’t look into any specific section of the income tax act. This part of the article will be looking into section 80c of [...]
Post Office Savings
Introduction In turbulent times like these, safety of the investment is of utmost priority among people. For ages we have been hearing/seeing/using the post office for sending letters, documents etc. What the current generation does not know about the post office is the fact that, it has been an investment heaven for our fathers and [...]
