What is TDS? TDS (Tax Deducted at Source) is a fundamental part of the direct taxation process that applies to several sources of income some of which include salary, fixed deposits, LIC maturity amount, contractor payments, and several others. A key benefit of the TDS is that it is deducted at the source thereby proving…Read More How Much TDS is Deducted on Fixed Deposit Investment?
With the onset of the pandemic, all of us have experienced how uncertain life can be. It taught us the importance of being prepared with robust financial and healthcare plans. Amongst various other types of insurance policies, health insurance shall be prioritized due to the escalating healthcare costs and an increase in the number of…Read More How Can You Plan Saving More Tax with Health Insurance?
Buying a dream home is a significant financial decision in your life. With time, there is always an appreciation of property rates, provided you choose the right property. Investment in the right property requires proper planning and good research. Your valuation of wealth depends upon the property you own. Hence, before making an investment decision,…Read More Buying a Property? Avoid these Property Types at all costs
In the current testing times, there shouldn’t be any excuse for not having an adequate health cover if you can afford it. However, most people invest in either health insurance or life insurance and think it’s enough. It is vital to invest in both. Health is a crucial aspect of one’s life and so is…Read More 4 Benefits of Having Health Insurance along with Life Insurance
Financial education is quite rare in India. With very few people knowing taxation, there are millions of people who have to deal with it without knowing. Having total knowledge about the taxation system and the other financial aspects is not required. But, the essential thing is to understand the common terminologies. In taxation, knowing the…Read More What are Different Terms Used in Taxation? Meaning of the Common Tax Terminologies
With the advent of digital technology in all domains and industries, it was only a matter of time before payment of all types shifted online as well. Online banking, payment apps on smartphones, and credit card transfers are all examples of digital payment. Of late, another exciting and new industry that has arisen in the…Read More Robinhood Tax: Meaning And Its Effects On The Online Bitcoin Industry
Although a lot of investors invest in mutual funds and other investment tools to seek capital gains, very few tend to focus on taxation on these gains. Understanding how much you are going to be taxed for your returns is equally important. That’s because there is no point investing in a scheme whose tax ratio…Read More Difference Between LTCG & STCG
To achieve you long-term financial goals, it is important to start exploring and planning tax-saving investment options and the best way to invest money at the beginning of the new fiscal year. Doing this will help your investments to compound, as it gives you enough time, aiding your long-term goals. If you want to choose…Read More Top 10 Investments You Should Make Now To Save Tax for FY 19-20
In today’s time and age, life insurance and other tax investments go a long way in ensuring that the future goals of your own and your family remain protected at all times. Investing in an insurance plan helps reduce the financial load on your family in your absence. Thus, life insurance cover empowers your loved…Read More The Unconventional Metric to Judge Your Insurer – Employees
Indeed, the love of a family is life’s biggest blessing. Under the umbrella of family’s love, you feel mentally secure. But do you know, along with mental support, you can also increase financial well being through your family? Here are some ways through which your family can lighten your tax burden: Buy a Family Health…Read More How Can Your Family Help You in Saving Tax?