Following changes have been proposed to be implemented from FY 2019-20 for individual Tax Payer perspective.
Is Gold a good Investment in India?
For people who want to invest in gold should in fact prefer investing in a company that deals with gold, or sells gold or gold ornaments to the public, as this particular sentiment is always going to see an upward trend.
House Rent Allowance (HRA) Taxability & Calculation
For Whom? - For people who get an HRA component in their salaries. It can be claimed by an individual tax payer or an HUF. House Rent Allowance is given by employers to their employees to meet expenses if you are living in a rented space. HRA in salaries is claimed under section of income … Continue reading House Rent Allowance (HRA) Taxability & Calculation
50/30/20 rule of Tracking Budget
Remember Mike Tyson, who earned WBC heavyweight championship when he was just 20 years old. This astonishing boxer earned more than $400 million in his 18 years long career but declared himself bankrupt in 2003 with heavy debt on him. Knowing and following some personal finance rule can do wonders to your financial well being. … Continue reading 50/30/20 rule of Tracking Budget
Comparison of Post Office Schemes
India Post is the government operated postal system of India. Post Office is the most reliable place to make investment in India.