Understand Shares Issues And Its Types

Companies generate funds from public and other options by issuing the shares. The fund is beneficial as the company does not have to pay the interest as in case of loans. Only dividend is to be distributed depending upon the profits. The different ways of issuing shares have its own benefits. You should know about the types and the fundamentals …

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Income Tax Benefits On Second Home Loan In India

Investing in real estate is an good idea as it will provide best returns to you, Now if you already own a home and paying loan on it and planning to buy another Home on loan but confused regarding the tax implication then here is a guide for you. Well you can of course get an second home loan till …

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How To Calculate Gross/ Net Annual Value Of House Property?

You must be having a home or might be 2 or more. If you are having more than 1 house then Income tax department ask you to calculate the Annual Value of your house so that they can determine tax liability on it. Now you must ask What is House Property?, Well house property includes :- Residential House, Shops, Godown, …

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Set-Off And Carry Forward Losses For Income Tax Purposes

There are various Income Tax Rules, under which you can set-off the losses against the gains or carry forward them to set-off in subsequent years. But these rules have to be followed with particular details for set off and enjoy tax benefits. Set-off of losses Under Section 70, the loss incurred from any source of income under any head can …

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Indian Railways To Accept ‘Aadhaar’ As A Valid Identity Proof For E-Ticketing & Online Tatkal Tickets

Ministry of railways has decided to include “Aadhaar” as one of the proof of identity for undertaking journey on e-ticketing and Tatkal scheme. As per the defined Indian railways rules, one needs to carry a photo identity proof with himself while travelling though Indian railways in case of ticket booking done via e-ticketing or tatkal scheme. Now Indian railways has …

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Income You Get On Retirement And Tax Implication On Those Incomes

Are you going to retire soon and you going to receive some money in the form of different heads at the time of retirement and you are worry regarding the Tax implication on them. There are lots of income which is tax free or exempted from tax but many people think that all money received is tax free, NO. Let …

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Common Error You Might Make While Filing eReturn

There is a rush on filing eRuturns as last date is of 31 July. But while filing eReturns many of you make some common mistakes in the form or in process which you should avoid otherwise you might get in trouble or may have to pay penalty for providing wrong information to government. So here are some common mistakes which …

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Now Get Expert Help For Filing Tax Return At Your Door Steps

Filing income tax return (ITR) is a very important task that every tax payer have to do every year. But most of the Individual and HUF tax payers find it complicated, so to make this activity easy and reasonable for the tax payers Income tax department has initiated an ‘Income Tax Preparers Scheme’. Under this scheme, Income tax department has …

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How To Enable Macros In MS Excel For Filing Income Tax eReturns?

Few days are left for you to file your Income Tax return as its last date is of 31st July (one who don’t get his books Audit) and if you haven’t file your IT return then you can file it online by just downloading a form then file and upload it back to website and you are done, but when …

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ITR 2 : Disclosing Foreign Assets Mandatory For Indian Tax Payers

Income Tax (IT) Department of India is optimizing the ITR forms to make tax payers furnish all the foreign income, investment related data at the time of filing there tax return. To make Indian residents disclose there foreign assets or incomes (if any), income tax department has added a new column in the ITR forms this year for the AY …

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How Employee Stock Option Plan (ESOPs) Works For Employees & Company?

Companies plan various options for its employees for their engagement with the company. And one of the very good option is ESOP. Employee Stock Option Plan, ESOP is a plan under which the companies offer the shares to its employees. Mostly, it has been notices that ESOPs are contribution to the employees and they don’t have to purchase. But if …

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Whether Go With ULIP Or Endowment Plan

Insurance is one sector in which almost every one want to invest the reason to put your money in insurance sector may vary with other. Some like to get returns, some want to secure their future and some might want to increase their wealth. But if you go for an insurance plan then you may have 2 choice either go …

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