Income tax rates for Financial year 2015-2016

1). Individual resident aged below 60 years (i.e. born on or after 1st April 1955) or any NRI / HUF / AOP / BOI / AJP* Income Tax : Income Slabs Tax Rates i. Where the total income does not exceed Rs. 2,50,000/-. NIL ii. Where the total income exceeds … Continue reading

Five rare benefits of filing regular ‘Income Tax Returns’

What is the benefit of filing income tax return. This is the first question comes in the mind of a person who has to get his return filed. Here are the some benefits which the taxpayer can avail by paying the taxes on the income he earned…………..  1. For job … Continue reading

Seven ways your family can help you save taxes

A family is there for support always not only emotionally, physically but also financially. The member of family can be useful to save taxes. However, the investments and spending done for your family are not eligible for tax rebates. But there are some perfect legal ways by which your family … Continue reading