Old vs New Income Tax Slabs Simplified: Which is the Right Choice for You?

As we end this Financial year on a rather unusual note, with health and financial crises all around, we’d still want to be prudent about our taxes. Before Finance Minister Nirmala Sitharaman announced the new income tax slab under the Union Budget 2020-21, there was already significant anticipation around it. While the tax rates have, […]

5 Crucial Tax Planning Tips To Maximise Your Savings

These days fantasies (or even simple desires, for some) come at a high price tag. It’s a challenge that many young adults encounter in their mid-20s. Before they get down to optimizing their lives, the twin behavioral forces of denial and indecisiveness drive most people into their 30s. Often this leads to poor investment decisions, […]

Are Personal Loans Tax Deductible In India?

Quick personal loans are a ballooning trend these days, and thanks to instant personal loan platforms, this trend is gaining momentum everyday. Since personal loans are unsecured and can be availed easily, a larger number of borrowers find themselves going for these loans to procure funds for their personal needs. These requirements can be anything, […]

Tax Filings: What You Should Keep In Mind

Tax filings, or Income Tax Return filings, is that annual process all of us engage in – involving a document we file with the Income Tax Department, profits and losses of your business, or salary. Plus, other deductions in addition to details about the tax refund you’re eligible for, or tax liability. Individual taxpayers are […]

The Tax Advantages Behind Investments – Simplified

With the new financial year, came some really good news. With the new tax slabs, there is an opportunity for you to save your taxable income. Getting a major chunk of taxable income out of the way by making the most of Section 80C is a great starting point for most of us, but even […]

Want to reduce your taxable income to Rs 5 lakh? Here’s a list of all deductions you can claim

The Interim Budget 2019 introduced some goodies for those earning below INR 5 Lakh per year. So, if your annual gross income ranges between INR 6 to 11 lakhs, you can now try and claim certain tax deductions in order to reduce your taxable income. With the low and middle income group in mind, the […]

Holiday on A Budget: 5 Tips for Making Your Holiday Affordable and Still Enjoyable

Holidays are often an expensive affair, with all the travelling, parties, gifts and everything else that we just have to do. But a budget holiday is not as impossible as it may seem, provided you’re willing to put some time and effort into planning it. There are several ways to save money on your holiday […]

Ways to Repay Loan Early

We encounter many situations wherein we have to rely on loans. And where there is a loan there is a debt that follows. We often become perplexed and overwhelmed after seeing the debt pile. This is often due to mismanagement. All that is required is a sense of systematic financial arrangement that will allow you […]

Planning for Retirement

“Retirement” .Do we need to think about it at all? If no, then perhaps now is the time to stop giving a cold shoulder to it. Being ignorant does not help carve a secure future. Though we are young and quite able at this stage in our lives. But do we think of times when […]