I am an independent girl and running my business for the last 5 years and also a blogger. I love to explore new ideas for business and self-development. I love to write on business and finance.
Fixed deposits (FDs) are one of the most popular investment options for earning a predictable and secure income over a fixed tenure. In India, the interest earned on fixed deposits is subject to tax deduction at source (TDS) as per the Income Tax Act. For many depositors, this TDS can be claimed back as a refund if their total income is below the taxable limit….
Systematic Withdrawal Plan (SWP) offers an organized methodology for individuals intending to receive a consistent income stream from their mutual fund investments. It stands as a handy financial tool, especially for retirees and individuals seeking regular income from their investments. By utilizing the approach of SWP, investors can effectively manage their cash flows, augment their income and plan for financial goals without the immediate liquidation…
India’s tax laws offer various opportunities for taxpayers to save on their income tax liabilities. One of the most popular sections under the Income Tax Act is Section 80C, which allows deductions on certain investments and expenses up to INR 1,50,000. As the Income Tax Return (ITR) due date approaches, many taxpayers rush to maximize their Section 80C deductions. This guide provides essential tips for…