Hindu Undivided Family is a separate tax entity in addition to an individual person who is a member of such an undivided family. So let me explain what is undivided family, if the property is…
Fixed deposit vs PPF
An investor always wants to invest his hardened money in those financial instruments which are not only giving him better returns but also are risk-averse. so fixed deposit and PPF almost fulfil this criterion, as…
How to open fixed deposit
A fixed deposit (FD) also known as term deposit is a financial instrument offered by bank and NBFC. Fixed deposit is used to avail better returns in comparison to regular saving account i.e around 3…
SECTION 80C, 80CCC, 80CCD and 80D Of Income…
The Most important section of Entire Income tax Act in India is Section 80. Because each Citizen of India gets impacted by it, and like me every individual waits every year in the budget that…
How to Save Tax through Mutual Funds
As the saying goes “A penny saved is a penny earned” – Benjamin Franklin. What could be answer to this burning question “How to save tax” when you see a fat hole in your salary…