Here are four reasons why annuities can be a good way to build an income stream: 👉🏼 Guaranteed income: One of the main benefits of annuities is that they provide a guaranteed stream of income. This can be especially appealing for...
SAVE TAX – 46.800/- You Need Right Joridar for Best Outcome. INVEST UPTO 1.5 LACS SAVE TAX – 46.800/- U/S 80C For F.Y. 2022-23 for a resident individual in highest tax bracket.ELSS -EQUITY LINKED SAVING SCHEME IN MUTUAL FUNDSINVESTMENT. You may...
The Central Board of Direct Taxes (CBDT) on Wednesday (July 29) extended the deadline for filing of original and revised income tax (I-T) returns for FY19 till September 30. The two-month extension – the third such given for the fiscal –...
CAD seen at 2.5% Fiscal Deficit seen at 3.4% vs target 3.3%. Next year. target at 3.4% Expenditure Target at 27.84 lakh crores Capital Expenditure at 3.36 lakh crores Rs.38572 crs for Education Rs.76800 for Welfare of SC/ST Confident on...
What is 80c in Income Tax? Section 80CÂ comprises of various investments and expenses that are eligible for tax deductions. A taxpayer can claim maximum tax deductions of Rs 1.5 lakh for a particular financial year (FY) from his/her taxable income through...
During the Budget 2018, Finance Minister inserted a new Section 80TTB. This allows a tax deduction of up to Rs.50,000 with respect to interest income from FDs held by senior citizens. Let see the features of this section. FDs or fixed...
