To curb the generation of black money by way of dealing in cash in immovable property transactions, the Finance Act 2015 has prohibited – “ No person shall take or accept from any other person – Any Loans or Deposits of Rs 20,000 or More in cash. According to section 269SS, it is very much … Read more Ponder carefully – while Accepting or Repaying Loan or Deposit of Rs. 20,000 or More In Cash

Section 194R requires  a person, who is responsible for providing any benefit or perquisite to a resident to deduct tax at source 10%  wef 1.07.2022 of the value or aggregate of value of such benefit or perquisite before providing such benefit or perquisite in cash or in kind. The recent Income tax  Department  circular contains … Read more Tax will now be deducted under Sec. 194R on foreign trips, gifts, free sample

General believe lies among several goes saying Stock Market is very unstable, turbulent, uncertain, gamble and nobody  likes taking risks in terms of hard earned money. But the truth lies in fact It has given Extraordinary returns to discipline Investors who understood the power of compounding at Early age and shown good character in investing … Read more Where to Invest Money in India Now – Booming Market & Money Making

You could say that all of life is a series of last chances as Opportunity neglected can never be recovered and nothing is more expensive than a missed opportunity and we never learn from first mistake or second mistake or third. It only hit us when we are given the last chance. I have listed out … Read more Last call to complete 10 pending works before 31st march. Check if you are Tax compliant or not?

10 Ways to Reduce Your Taxes for FYR 2020-21 Its income tax time again, time to gather up all receipts, get out those mind bothering calculations, stab yourself to derive opportunities, tax cuts and reduce you taxes before late. I have tried to point out the best tax saving options help you achieve tax cuts:- … Read more Hurry! Last Month Left for doing Tax Savings Investments:

The yellow metal has historic time-tested (decade old) importance: “It preserves your purchasing power” it’s considered a very good and safest investment component. We have witnessed during every financial crisis, entire world flock to the safe heaven of gold. HOW MUCH SHOULD YOU INVEST IN GOLD DURING FYR 2021-22 ? The answer is yes. And … Read more IS GOLD GOOD INVESTMENT FOR FOR YOU IN FYR 2021-22 ?

“Money is the matter of Function Four :- A Medium, A measure , A standard and A Store.” And “credit score” in today’s world is something that we cannot ignore especially if its bad and Need all efforts for corrections and improvements as Money is integral part of our Livelihood. What is a good credit … Read more How to improve CIBIL score quickly-“guaranteed tips”

Direct Taxes:– No Changes in Income Tax Slab Rates as compared to last Year.  Vivad Se Viswas Scheme Last Date of filing extended to 28th February, 2021  Citizens of age 75 years and above who have only Pension and Interest income – Neednot file Income Tax Returns. But no exemption in payment of … Read more HIGHLIGHTS OF BUDGET 2021