Implications of Goods & Services Tax (GST): The Goods & Services Tax (GST) legislation; which intends to levy a single indirect tax rate of 18% by April 2017, has been passed by the Rajya Sabha and is pending in Lok Sabha for approval and ratification by at least 15 states before finally receiving the assent […]
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Claims Settlement & Grievance Redressal Process for Home Insurance: Home Insurance Claim Settlement Process helps you in making good the financial loss that occurred due to natural or man-made disasters. It helps you in restoring your dream home and priced possessions contained therein. It makes you resilient towards impending disasters and gives you hope to
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Here is all about Leave Encashment and its Tax Implications: Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximize their wealth by leveraging the power of unbiased advice Mr. Anurag Basu has been working with a private company for 25 years and will
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Home Insurance – Protect your Dream Home from Catastrophe: It is said that “the heart is where the home is”. Your home holds a special place in your heart in addition to other beautiful things in life. You are not only financially but also emotionally attached to your home. You work so hard to buy a
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A guide to Gratuity & Its Tax Implications: Gratuity is a part of the salary paid by an employer to his employee for the continuous service of five or more years(minimum 240 days a year). It is one of the retirement benefits received by an employee from his employer upon leaving his job. In other words,
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9 Important terminologies that you should be knowing before you purchase a Car Insurance: Ms Suhani Arya is a successful designer who works with a leading interior décor company. She is currently managing somehow with a two-wheeler, but she desires to buy a car as she moves up the career ladder. She does a primary research and finds
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Here is all you need to know about your Salary and its Tax Implications: Mr. Anil Gupta, recently got his first salary. When he was verifying the salary amount that was credited to his account, he was surprised to find a lesser amount than expected. As it was Mr. Anil’s first job, he was unaware
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Here are 15 important terms you should be knowing before you purchase a Life Insurance: Mr Rahul Verma, 35 years old IT professional, is a happily married man and the only earning member of a family of 5 members. He lives in Bangalore with his wife, aged parents and a five-year-old son. Being the only
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Important factors to be considered before you select a Term Insurance Policy: Benjamin Franklin once rightly said that “In this world, nothing can be said to be certain, except death & taxes”. So, you need to understand that your demise may leave your family in a financial jeopardy. Being the breadwinner, you are responsible for
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Tax Deduction at Source (TDS) rates for the Fiscal Year 2023-24 & Assessment Year 2024-25: Tax Deduction at Source i.e. TDS came into existence with an objective to collect income tax at the point of origin of income by the Government of India (GOI). As per the norm, a person (deductor or payer) who is
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