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5 Things to Do Before March End

Things to do Before Financial Year End Its just 2 weeks before the financial year 2015-16 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 2014-15(AY 2015-16) by August 31, 2015. But in case you have not filed […] Continue reading →

NPS – Maturity, Partial Withdrawal & Early Exit Rules

NPS: Maturity, Partial Withdrawal and Early Exit Rules The government wants NPS (National Pension Scheme) to be the preferred investment vehicle for pension planning for majority of its citizens. Unfortunately as it happens with most of Government plans, NPS too has flaws which are holding investors back. To encourage investment in NPS, PFRDA (Pension Fund Regulatory and Development Authority) which regulates it have made […] Continue reading →

Should you Invest Rs 50,000 in NPS to Save Tax u/s 80CCD (1B)?

Should you Invest in NPS to Save Tax u/s 80CCD (1B)? Budget 2015 has introduced a new section 80CCD (1B) which gives deduction up to Rs 50,000 for investment in NPS (National Pension Scheme) Tier 1 account from next financial year of FY 2015-16. This new deduction can help you save tax up to Rs 15,450 in case you are in the 30% tax slab. The question […] Continue reading →

Tax Treatment of Various Financial Instruments

Tax Treatment for Various Financial Assets Taxation on your investment is as important as the return on Investment. All financial instruments go through three stages Investment Earning Withdrawal The tax rules vary across the above three phases. This post would tell you how different financial Instruments are taxed in these three phases and what would be its impact on you. Based on […] Continue reading →