Navigating the maze of personal finance
According to media reports the I-T department recently discovered a scam where companies deducted TDS (tax deducted at source) from its employees but did not deposit it with the government. So what is TDS and how can you check if the TDS deducted by your employer is actually going to the government? You need to … Read more
What is it?ULIP is a financial product providing both insurance and investment at the same time. How does it work? A part of the premium is diverted to provide life insurance to the policy holder. In case of death of the policy holder either the sum assured or the fund value, whichever is higher is … Read more
While calculating my income tax for the year I knew the major sections under which I could reduce my liability. I thought of prodding further and was pleasantly surprised to find that there are a number of conditions under which deductions can be claimed. I am sharing with you a comprehensive list of income tax … Read more