Posts

Showing posts from 2016

INCOME DECLARATION SCHEME 2016

https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjL-vL7s6LPAhVBQCYKHZg0D4QQFggeMAA&url=http%3A%2F%2Fincometaxindia.gov.in%2FPages%2Fincome-declaration-scheme.aspx&usg=AFQjCNGEdEP3nvM35YH6k0-bJie5DMs2vg

Checklist before filing Returns

There are so many tax saving modes other than 80 c  . kindly check out each and every aspect of your investments before filing income tax returns whose last date is 31st july 2016. Look beyond your regular findings and ask yourself twice 'HAVE I ANALYSED ALL THE TAX BREAKS'.    most of us are aware of deductions from gross total income and there investments in government specified schemes to save taxes but are we aware about all of them, if yes then are we watch only 80c. mention following: 1. 80 D   HEALTH INSURANCE PREMIUM PAYMENT 2. 80DD  EXPENDITURE ON THE HEALTH OF DISABLED MEMBER 3. 80 E PAYMENT OF INTEREST ON EDUCATION LOAN 4.80EE PAYMENT OF INTEREST ON HOME LOAN 5. 80 G  DONATIONS MADE 6. 80GG  RENT PAID FOR ACCOMODATION ETC....................

Time Value

When we go to vegetable market we take most of our time to analyze the best for us on the parameters of durability, taste, cost etc. but what happens when there is a crucial situation to plan our future goals and there compatible solutions, we generally have no time to think over it. All of a sudden we go for existing plans as per other guys selections by measuring other investment returns . why dont we plan as per our own requirement. it all persists in our mind when we have threat of losing but under which we are loosing the time value which have a greater impact over the passing time.