Income Tax Calculator

The excel based Income tax calculator can be used for computing income tax on income from salary, pension, gifts, fixed deposit and bank interest, house rent and capital gains(short and long-term gains).
Continue reading →

Open Letter to Narendra Modi

Respected sir, Before anything else, I’d like to thank and congratulate you on furthering the Swachh Bharat Abhiyan with the master stroke of cleaning the black money menace.

Continue Reading →

Income Tax E-filing and its benefits

What is E-Preparation of Income Tax Return?

Continue Reading →

Direct Tax Code (DTC): Highlights and Impact

The New Direct Tax Code (DTC) is said to replace the existing Income Tax Act of 1961 in India.

Continue Reading →

How to Save Long Term Capital Gains Tax (LTCG)

Buying and Selling of Property, Plots, Flats, Land, Independent Houses, Floors or any other form of residential property is a frequent activity in present scenario.

Continue Reading →

File Income Tax Return Online

Easy steps on how you can file income tax return yourself online, Also use income tax calculator, download income tax forms, check tax rates, refund status, rebate, deductions

Continue Reading →

Check TDS deduction, income tax refund Online

See how much tax has been deposited on your name from your employer as TDS.

Continue Reading →

No need to submit LTA proofs to employer

From now on, Employee will not have to submit proofs as evidence, to their employers for getting LTA (leave travel allowance) reimbursement.

Continue Reading →

Best Income Tax Saving Mutual Funds

I compared ELSS (Equity Linked Saving Scheme) mutual funds on the basis of their AUM (assets under management) size and past performance in 6 months, 1 year, 2 years and 3 years.

Continue Reading →

Leave encashment non taxable

As per section 10(10AA) of income tax in india, leave encashment amount received by employee by a previous employer in full and final statement, is non-taxable.

Continue Reading →