5 Things to Do Before March End

Things to do Before Financial Year Ends Its just 3 weeks before the financial year 2016-17 ends and so we present you with 5 things you should do before this FY ends. 1. File Pending Income Tax Return: Ideally you should have filed your income tax return for FY 2015-16(AY 2016-17) by July 31, 2016. But in case you have not filed it […] Continue reading →

Should you Choose to be Employee or Independent Consultant?

Employee Vs Consultant - The Tax Angle Few people while taking up a new job have the flexibility to work as an employee or independent consultant (also known as contractor or freelancer). If planned properly consultants have lower tax outgo for the same CTC (Cost to company). With Budget 2016 introducing presumptive taxation for some professionals like legal, medical accountancy, architect, IT […] Continue reading →

Sovereign Gold Bond – Tranche VII (Feb/Mar 2017)

Sovereign Gold Bond - Tranche VII - Feb/Mar 2017 Government of India has launched the seventh tranche (Series IV for FY 2016-17) of Sovereign Gold Bonds from February 27 to March 3, 2017. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application […] Continue reading →