Highest Interest Rate on Recurring Deposits (RD) – August 2017

Highest Interest Rate on Recurring Deposits - August 2017 Recurring deposits (RD) with banks are one of the most popular investment options for people with regular income. RD enables to deposit fixed amount every month for a pre-defined period which earns interest similar to Fixed Deposits (FD). You might want to bookmark this page as the RD interest rates would be updated every month […] Continue reading →

PMVVY (Pradhan Mantri Vaya Vandana Yojana) 2017: Pension Scheme for Senior Citizens

Pradhan Mantri Vaya Vandana Yojana - PMVVY 2017 Our Prime Minister had announced a new Pension Scheme for Senior Citizens offering 8% returns for 10 years in December 2016. The proposal was also stated in Budget 2017. This has finally been launched on May 4, 2017 with the name of Pradhan Mantri Vaya Vandana Yojana 2017-18 (PMVVY). In this post we review PMVVY […] Continue reading →

Received “Communication u/s 143(1)(a) for PAN XXXxxxxxXX for the A.Y. 2017-18” – What Next?

Communication u/s 143(1)(a) for the AY 2017-18 A lot of tax payers who had filed their return for AY 2017-18 have received email from [email protected] with subject “Communication u/s 143(1)(a) for PAN XXXxxxxxXX for the A.Y. 2017-18”. The email reads as follows: The PDF attachment is a notice from Income Tax Department with Subject “Communication of proposed adjustment u/s 143(1)(a) of Income […] Continue reading →