How to File your ITR on New Portal? – FFC episode 31
The Income Tax filing season has started and Do you also wish to file your ITR on your own? This year, the government has launched a new e-filing portal to make tax filing Faster, Easier & Efficient. Our latest Friday First Cut Episode will guide you through the complete process on How to File your ITR. If you are a Salaried Individual along with a Bank Interest Income...
Capital Gains Tax on Sale of Property – FFC Episode 30
If you are planning to sell your property, you’ll have to pay capital gain tax on the profit earned after considering the inflation and indexed cost of acquisition. If you’re selling a property in India, the profits you earn are called Capital Gains. Gain can be Short Term or Long Term STCG = If sold within 24 months...
What is SFT? Must watch before you file your ITR
Do you know Statement Of Financial Transactions?Statement Of Financial Transactions (SFT) is a report of specified financial transactions which helps Government to identify the transaction that can attract taxes. Government introduced SFT To keep a tab on black money and high value transactions SFT = Statement of Financial Transactions High value transactions reflect in Form...
Importance Of Filing Income Tax Return
The Income Tax filing season has started. This year, the government has launched a new e-filing portal to make tax filing easy for all categories of taxpayers. As income tax can be a significant portion of your income, it is very natural to think about the benefits of income tax return for the taxpayers. If you are wondering the same, here are some benefits you should know about....
Everything about Term Plans
You cannot predict what is there waiting for you in the future. There are always lots of uncertainties and causalities coming up for you in the future and you are always unaware about it. These uncertainties cause a drastic financial crisis to your family and closed ones. You can help your loved ones by planning for your and their future and apply for a term insurance plan. Choosing...
New Income Tax Portal For e-Filing 2.0 | Portal Features & Benefits
The Income Tax Department launched its new e-filing portal www.incometax.gov.in New e-filing Portal Features And Benefits are covered in our video. 1. User-friendly a) Simplified b) Easy to use c) Multiple login Options d) Single Dashboard 2. Income tax payment on same portal a) Multiple Payment Options b) No challan needed Popular Article: Wealth...
All you need to know about NPS
As the name suggests National Pension System (NPS) is dedicated solely to retirement planning. It is a pension cum investment scheme launched by the Government of India for the age from 18 to 65 years. It has the dual benefit of investing for retirement and also the best tax saving instrument as it qualifies for EEE status. NPS is also a good option for wealth creation as your money...
What is an IPO? | How to choose in which IPO to Invest?
What is an IPO? Initial Public Offering (IPO) can be defined as the process in which a private company or corporation can become public by selling a portion of its stake to the investors. Through the IPO, the company gets its name listed on the stock exchange. Before the IPO, a company has very few shareholders. This includes the founders, angel investors and venture capitalists. But...
What Is Reverse Mortgage? How You Can Benefit From It
When you have a regular mortgage, you pay the lender every month to buy your home over time. In a reverse mortgage, you get a loan in which the lender pays you. In Reverse mortgage, Bank takes part of the equity in your home and convert it into payments for you – a kind of advance payment on your home equity. The money you get usually is tax-free. Must Read: How to check if your...