
Do we need to file income tax return if the income is less than Rs 5 Lakhs?
I have received some queries asking, “Is it compulsory to file income tax return (ITR) if the income is less than Rs 5 lakhs?” I understand why there is so much confusion. We explain who needs to compulsorily file tax return and who are exempted from the same. Zero Tax if income is less […]
Looking for Education Loan – Know these New Rules
The IBA (Indian Banks’ Association) has come-up with new guidelines regarding Education Loan named as “Model Education Loan Scheme” and would be followed by all its member Scheduled Commercial Banks- which means all big private and public banks like SBI, ICICI, etc. The idea is to provide financial support to meritorious students for pursuing higher education in […]
Useful Online Tools You Can Use To Make Your Financial Life Easier
Many a times you need assistance while handling your finances, but you have nowhere to look for. Instead what you end up doing is either approach others for help or buy some software to solve your problems. But, why be dependent on anyone or spend money when the internet is full of helpful websites. The […]