If you changed your job in the previous year and the tax has been calculated and deducted by your second employer without considering the income from your previous employer, or you have earned income from other sources like saving bank interest exceeding Rs. 10000, interest on fixed deposit, capital gain etc. then you may have […]
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We have entered in the new financial year and most of the salaried individuals would be waiting fortheir appraisal letters. Along with increment in your salary in the new financial year, your expanses like child’s education fees and house rent might increase as well. Those who are salaried employees will be asked to submit investment […]
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Financial year starts from 1st April and ends on 31st March. We have to pay tax on the total income earned during the year from various sources. 31st March is a very important date for every tax payer. An act of negligence may result in payment of interest and penalty in future. Financial year 2014-2015 […]
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Key Objective of life insurance is to protect future income due to untimely death of the breadwinner. Similarly In case of health insurance the objective is to cover the cost of hospitalization. But in India usually life insurance is bought and sold as a tax saving instrument or as an investment product. When insurance intermediary […]
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We invest with the purpose of creating wealth and securing our future. But one of the most important things in your financial planning kitty is medical insurance. You need health insurance at all times for family and yourself because you never know when disease comes knocking at your door. Though life expectancy has increased over […]
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