As the new year kicks into gear, it’s time to get a jump start on maximizing your savings by taking advantage of ways to reduce your taxable income in months ahead. By implementing the money-saving tips below where applicable, it’s possible to save tens of thousands of dollars off of your taxable income in 2016. […]
Help For New Taxpayers Frightened By Form 1040
Filing a tax return can be daunting for even the most experienced taxpayer. So how is a new taxpayer expected to cope? First, don’t panic. While taxes can be overwhelming, there are some steps a novice taxpayer can take to successfully make it through the first filing season. Here are 6 tax-filing tips to get […]
Alert: Phishing in Full Swing as Tax Deadline Looms
Tax day is a little more than a month away, which means phishing season is in full swing. The IRS says it’s seen a “surge” this year in phishing emails, with thieves baiting special hooks for payroll and human-resources workers in hopes of snagging a company’s entire stash of employee Social Security numbers and other […]
Simple Tax Tips to Make Your College More Affordable
With income tax season well underway, college students and their families should brush up on available tax benefits that can help lower their education costs. Families spend an average of $24,000 a year on college, but just over a third take advantage of federal tax credits and deductions to help make college more affordable, according […]
17 Tax Saving Tips You Must Know
It is never one of your best times when paying taxes come knocking to your doorstep. You cannot escape it anyway but you can get smarter about it. You wish that there was a way to save a dime from being taxed. You are not alone feeling this way. Who doesn’t want to save a […]
How to File Income Tax Return Online | Income Tax efiling : Guide
If you earn above Rs 5 lakh, you have to file returns electronically this year. That means you can file your ITR even in the last date of filing income tax return from your home computer (thanks to Income Tax efiling). You can seek the help of a professional or do it yourself by using the […]
25 points you should know about Atal Pension Yojana
Atal Pension Yojana (APY)is a Pension Scheme for unorganized sector workers. Min and Max age of entry under Atal Pension Yojana is 18 years and 40 years. Pension will start at the age of 60 years. Premature withdrawal is allowed only in case of a death of a beneficiary or terminal disease. Depending on the contribution of […]
Atal Pension Yojana – All you wants to Know.
Atal Pension Yojana ( APY ) was launched by Government of India. This scheme was launched along with 2 other insurance schemes i.e. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). Atal Pension Yojana is a social security scheme. The income security at old age of the working poor […]
Detail guide about Pradhan Mantri Suraksha Bima Yojana (PMSBY)
The finance Minister of India Mr Arun Jaitley in his budget speech on 1st march 2015 said, “A large proportion of India’s population is without insurance of any kind, health, accidental or life. Worryingly, as our young population ages, it is also going to be pension-less. Encouraged by the success of […]
Everything you need to know about PAN (Permanent Account Number) Card
PAN or Permanent Account Number, is the Unique 10 digit alphanumeric number given to all Indian Tax payers by Income Tax Department of India under the supervision of Central Board for Direct taxes. The PAN is mandatory for many major financial transactions, such as receiving taxable salary, opening bank account, sale or purchase of assets […]