The Indian finance minister Mr.Pranab Mukerjee presented the budget for 2011-12 in the parliament yesterday. It is generally viewed as lackluster due to absence of bold initiatives and reforms. It looks to be a mere statement of accounts rather than a policy statement. Here are a few proposals that concern us as earners, consumers, savers, [...]
Read moreDeath and taxes, they say, are inevitable. But luckily, there are some options available legally that let you save some tax and thumb your nose at the taxman. Here’s how you can go about it. Tax planning, ideally should be part of your financial planning and tax saving investments should also work towards achieving your [...]
Read moreYou need to pay your second installment of your advance tax for the current financial year (2010-11) and assessment year 2011-12 by the 15th of this month. Non-corporate tax payers pay their advance tax in three installments, i.e before 15th of September, December and March of every year respectively. Your advance tax after each installment [...]
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