How to Save Tax through your family?

Comprehensive Guide to Save Tax through Family We earn for our family, we do financial planning and tax planning to support our family but have you ever thought that your family can also support you by becoming an active participant in your tax planning. Family can be a legal tool through which you can save… Read More »

Overview of Real Estate Investment Trust (REIT)

What is Real Estate Investment Trust? Real Estate Investment Trust is a mutual funds for Real Estate. Under mutual funds underlying assets are equity and debts, similarly REIT will have the real estate as its underlying assets fetching rental incomes. How to Incorporate: Trust should be registered under Registration Act 1908. Trust deed has its main… Read More »

Provident Fund Interest Rate at 8.75% for Fiscal Year 2014-15

Government has ratified the decision of Central Board of Trustees (CBT) to retain the Interest Rate of Provident Fund to 8.75% for the current fiscal year i.e. for 2014-15. The CBT had decided the interest rate in the meeting held on 26th August but the procedure of the implementation of the interest rate of provident fund… Read More »

Insurance Bill 2014: Benefits to Policy Holders

The Insurance Laws (Amendment) Bill, 2008 has been cleared by the Lower House of the Parliament and is all set to be presented before the Upper house of the Parliament in the next few days. The Insurance Laws (Amendment) Bill not only proposes to raise the foreign direct investment cap in insurance companies from 26%… Read More »

Maximum Tax Savings on Salary Income in India

Tax Savings with enhanced limit various Sections How to Save Tax on Salary Income? This question is popping up in the mind of every salaried employee. Since March is fast approaching, HR department has started buzzing employees about the tax savings investment he has made. Tax Savings investments have to be made before 31st March… Read More »