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Income Tax Tags Tax Planning

Passwords for Various Compliance Forms

With the advent of digitisation everything is now online and in soft format. We now get a soft copy of most documents and to prevent its misuse all these documents are password protected. With ITR acknowledgment to Income Tax notice to Aadhar card. All of them are password protected. Since each of these documents has […]

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Tags Tax Planning

Income Tax Refund Scam

A new internet scam in form of income tax refund mail to empty your hard earned money from your bank account is on the prowl. A salaried person is most afraid of Income Tax Department and even more if he receives a notice from the department. At the same time if one is to get […]

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Investments Tags Tax Planning

Online Transfer of PF Accounts

After a long haul, a much awaited step has been taken by the Employee Provident Fund Organization (EPFO) to make online transfer of PF accounts, when an employee switches job from one company to another. This step will benefit over 13 lakh PF subscribers and also reduce the long time taking process and confusion. After […]

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Investments Tags Tax Planning

Public Provident Fund PPF

Public Provident Fund (PPF) – Things To Know Before Investing. If you are looking for a long term investment, which is not only safe but also offers growth with added advantage of being tax free then, Public provident fund (PPF) is the best option available to you. Public Provident Fund (PPF) is one of the […]

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Tags Tax Planning

House Rent Allowance (HRA)

House Rent Allowance (HRA) HRA or house rent allowance is provided to employees by its employer for meeting the cost of rent paid when staying in a rented accommodation for discharging his services as an employee. HRA is a part of the salary package, in accordance with the terms and conditions of employment. The Income Tax Act allows for […]