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Friday, June 27, 2014

Can i save Property Tax by filing it online? (QandA : 005)

Question 005
Can i save Property Tax by filing it online?
Property Tax needs to be paid for every property (real estate) that is fully or partially owned by you. Last date for filing property tax this year (2014-15) is 30th June 2014. Check out how can you can file it online from the comfort of your home, and save 2% of property tax at the same time.

Tuesday, June 24, 2014

Is investing in NPS (National Pension Scheme) really useful? (QandA : 004)

Question : 004
Is investing in NPS (National Pension Scheme) really useful?
Even if your company has aligned its salary structure to provide you "additional tax benefits" and persuading you to invest in NPS, you must think through before indulging in this long term commitment.

Saturday, June 14, 2014

Friday, June 6, 2014

What is the meaning of Taxation Regimes - EEE EET ETE TEE

There are different systems for tax exemption / deduction of investments, and for taxation of the income earned from it, like Exempt – Exempt – Exempt (EEE) or Exempt – Exempt -Taxed (EET).
What do these combinations mean? Which investment option follows which taxation regime? A fundamental understanding can help us select the right investment tool...Read on...

Sunday, June 1, 2014

What are micro SIPs

Many investors are keen to start SIPs of small amounts for their household helps, drivers or other small investors. However, these investors may not have a PAN card or other documentation required for mutual fund investments.
In order to facilitate such small-ticket investments, Sebi has withdrawn the requirement of PAN for SIPs that do not exceed Rs 50,000 in a financial year. Such installments are called micro SIPs... read on...

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