Taxation
TAX PLANNING: AN ESSENTIAL ELEMENT OF FINANCIAL PLANNING
Financial planning is considered to be most essential element of life. It has been rightly said that ‘Future is Uncertain’. Financial planning plays an important role in overcoming your financial uncertainties. Tax Planning is considered to be an essential part of Financial Planning. A survey conducted by Rights Horizon among IT/ITES employees with the age [...]
INCOME TAX RETURN FILING DUE DATE EXTENDED UPTO 04 AUGUST 2010
The the last date to file your income tax return for A.Y. 2010-11 have been extended up-to 4th August 2010. Previously it was 31st July 2010. All returns paper returns & e – returns filled on or before 04th August 2010 will be considered as filed within due date. The decision was taken in view [...]
GO GREEN: FILE YOUR RETURNS ONLINE
Every organization is doing something or other to save our planet. As an individual we can also help in retaining the green carpet on earth by filing your return online. Facts • On an average an individual tax return prepared on the paper requires around 20 sheets of paper for photocopies & printouts. • An [...]
INCOME TAX: A LAYMANS OVERVIEW
In today’s world nothing is free. We have to pay taxes even for our basic needs in form of vat, service tax etc. Similarly a tax is levied on income of individual or business is known as Income Tax. The incidence of income tax can be progressive, proportional or regressive. The tax levied on individual [...]