With an idea to simplify the entire process of tax filing, budget 2020 has proposed the introduction of new tax slabs with reduced rates. With the new regime, a common tax-payer may not require any expert advise for tax filing. Though on the face of

The Income Tax Act gives adequate options to save tax and the onus is on the tax payer to work out how to make wise tax saving investments. The traditional approach to tax saving was to rely on products like PPF, LIC and NSC. Today, there is a wider

A loan comes handy when you need immediate funds for your needs whether they are personal, business. A loan allows you to buy things like your home, vehicle and so on. But sometimes it is this very simplicity that makes it complicated. Something

With the Union Budget 2018, taxation on long-term capital gains was reimposed. Now, 10% will be charged on capital gains over Rs1 lakh. This has caused a stir in the market. Before we measure the impact of LTCG tax on your finances, let us first unde

“…nothing can be said to be certain, except death and taxes.” The great statesman Benjamin Franklin uttered these words over 200 years ago and they still hold true to this day. Investment is subject to taxation and thus, you must ensure that it

Be it a first-time taxpayer or a seasoned one, tax planning is essential for all. Efficiently planning taxes helps one save a lot of money. Despite this, the Indian tax laws seem so complicated that people are scared of dealing with it. However, tax

Trust is the cornerstone of insurance. People pay premiums and when the term expires or in case of any unforeseen event, the company settles their claims. This is more important in the case of life insurance because in such cases, people want to

Being an avid traveler, I try to go to as many places I can and meet interesting people; some of these people end up inspiring me in numerous ways. Last month, I was traveling to Mumbai to visit my sister. I boarded a taxi from Mumbai Central to g

This is the time of the year when you start getting calls from the HR of your company asking for investment declarations. If you have not made any investments yet, here is the list of instruments where you can invest. Instrument

Sagar, was just 25 years old. His parents were suffering from diabetes. The chances of contracting same illness to Sagar were pretty high. But he was sure that he might not be contracted through such illness and that too at young age. Unfortunately,

table{padding:0px !important;} td{padding:0px !important;} Goods and Service Tax (GST) is all set to roll out from July 1 onwards. There has been a lot of discussion about the tax implications that GST will have on various sectors.

The main purpose of a group medical cover is to meet the unpredictable medical needs of each group member. This plan also covers pre-existing diseases along with the diagnosis costs. In some cases, it covers the maternity expenses, visionary trea