News & FAQs

Income Tax Calculation – Simplified

News & FAQs | By ALOK PATNIA | Apr 18, 2011

Salaried employees who are totally new to the world of income tax, thinks that income tax liability calculation is the hardest thing they...

Document Identification Number

News & FAQs | By ALOK PATNIA | Apr 14, 2011

You must be aware of requirement of Permanent Account Number (PAN), Tax Deduction and Collection Account Number (TAN). Now, the Income Ta...

Taxability of gifts received

News & FAQs | By ALOK PATNIA | Apr 12, 2011

It is widely common for people to receive gifts from friends and relatives. But, tax levied on that Gifts worries almost all of us. If yo...

Looking to Plan your Child's Future – Read On

News & FAQs | By ALOK PATNIA | Apr 12, 2011

The birth of a child brings in lot of responsibilities on you as a parent. What are the financial planning steps, you should undertake to...

Prepare your Balance sheet to know your Net Worth

News & FAQs | By ALOK PATNIA | Apr 11, 2011

The Balance sheet as commonly referred as, is the statement of financial position of an individual. The balance sheet presents a person&#...

Salary Structuring, Taxability, and CTC

News & FAQs | By ALOK PATNIA | Apr 11, 2011

Cost to Company (CTC) is the total cost that your Company is spending towards you either directly or indirectly. CTC include the amount g...

Writing Will, Excellent succession Plan

News & FAQs | By ALOK PATNIA | Apr 9, 2011

A Will is a written document, containing your direction for disposing of your property after your death. Will is a legal declaration of t...

Income Tax PAN- An Overview

News & FAQs | By ALOK PATNIA | Apr 9, 2011

Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department. ...

List of Income Tax Documentation to be maintained by Doctors

News & FAQs | By ALOK PATNIA | Apr 9, 2011

Every Doctor should maintain regular and proper books of accounts supported by supporting vouchers for expenditure. If the accounts are f...

Public Provident fund – Best Tax saving and investment plan

News & FAQs | By ALOK PATNIA | Apr 8, 2011

Public Provident Fund (PPF) still stands tall amongst all the investment cum tax saving plans. PPF also acts as a retirement plan for tho...

Financial Year 2011-12 – Do these things to plan and save taxes !

News & FAQs | By ALOK PATNIA | Apr 3, 2011

Financial year (FY) 2011-12 beckons as the last year for the Income Tax Act, 1961 as the Direct Tax Code (DTC) would come into effect fro...

Save Taxes – Invest in These Tax efficient tools

News & FAQs | By ALOK PATNIA | Mar 29, 2011

Timely investment in efficient tax saving tools goes long way in reducing your over all tax outgo. Please find below list of few popular ...

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