How is Taxable Income Calculated – Know Income Tax Slab Based
All individuals and entities in India, having a taxable income, are required to pay taxes to the Income Tax Department and file their income tax returns. If you are looking for financial savings, opting for a health insurance policy is a wise idea. Buying a health insurance policy is vital as... read more »
Indian Private Limited Company Incorporation Process via SPICe+
As part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs introduced a web based incorporation service called as SPICe+. SPICe+ is one stop solution for services offered by 3 (three) Central Government Ministry and Department (Ministry of... read more »
Charging Interest for the 3-month Moratorium period on EMI
Do you have a bank loan like I do? Because of this Coronavirus lockdown, the RBI announced a 3-month freeze on EMIs on all loans till May 31st. But the catch is – interest will keep increasing on the outstanding amount and later added to the principal loan amount! This means we could end up... read more »
6 Ways to Ensure Regular Income After Retirement
Most people don’t think ahead financially, and it often takes a toll on them when it’s time to retire. The average life expectancy in India is also rising, with the current statistics measuring it at an average of 68.56 years. So, by the time you retire, there is still a long way to sustain... read more »
More from Economy
RBI outlines broad plans on $150 billion bank bad loan resolution
The Reserve Bank of India (RBI) outlined the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country’s banks Mumbai: The Reserve Bank of India (RBI)... read more »
GST: Govt dictating prices goes against free-market spirit; will anti-profiteering law end...
In an interview on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products ahead of the launch of Goods and Services... read more »
Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 Percent GST PTI
Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury... read more »
Strong U.S. job growth, rising wages set stage for Fed rate hike
WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light... read more »
Volkswagen pleads guilty in U.S. court in diesel emissions scanda...
DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S.... read more »
