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Section 87 A

Section 87A – Save Income Tax Upto Rs.2,000

A new section 87A has been introduced in the Budget 2013-14 under Income Tax Act, 1961, which is applicable from 1st April, 2014, wherein an additional relief upto Rs.2,000 has been provided to assessees whose…

Top 10 Hidden Charges That Eat Up Your…

An individual is unaware of many hidden charges that eat into his hard earned money, leaving him with less to invest and less to earn. As it is a known fact that,“someone’s pain is someone’s…

Inflation indexed bond

Inflation Indexed Bond (Debut June 4, 2013)

An Inflation Indexed Bond, is a bond which assures a return higher than the inflation rate if held to maturity. The interest rates or which actually called coupon rates and capital appreciation of these inflation…