Cost Inflation Index for the Financial Year 2018-19 (AY 2019-20) is 280
The notification for the CII (Cost Inflation Index) for FY 2018-19 is issued on date 5 June, 2018. CII number is used to compute the inflation-adjusted purchase cost of an asset in order to calculate...
View ArticleBudget Snapshot 2019-20 Points to be Noted
Budget 2019-20 has brought some benefits to lower tax bracket, but overall looks unchanged. Below are quick notes for individuals to be aware of updates that might directly or indirectly affect their...
View ArticleTDS Rates and Threshold Limit for FY 2019-20 (AY 2020-21)
Find table below for the TDS (Tax Deduction at source) rates and threshold limits for financial year 2019-20 or assessment year 2020-21. Threshold limit mentioned in the table below is the limit upto...
View ArticleWhich ITR Form is applicable for you?
IT department time to time update pertinent format of ITR form which a tax payer should use to file his/her income tax return. So it is most to know what the exact form type you should be using to...
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Growth difference between MFs Direct Plan & Regular Plan; It’s HUGE
Almost 6 years back I had posted my view points about Direct Plan & Regular Plan of Mutual Funds and how higher expense ratio can eat away your portfolio’s future potential growth, but all on...
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