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Showing posts from October, 2019

House loan interest deduction up to 3,50,000

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Get House loan interest deduction up to 3,50,000               अब मिलेगी 3,50,000 तक की छूट    Budget 2019, Save Tax Up to Rs 109200  HousingLoan Deduction, Increased From 200000 to 350000 1)      The union budget 2019 has introduced a new section 80EEA to extend the tax benefits of the interest deduction up to Rs 1,50,000 Analysis if both Sec 24 and Sec 80 EEA is Availed Tax Slab Exemption Amount Tax Component Cess @ 4% Total tax Saved 5% 350000 16500 700 17200 20% 350000 70000 2800 72800 30% 350000 105000 4200 109200 Analysis of New Section 80 EEA if Availed Tax Slab Exemption Amount Tax Component Cess @ 4% Total tax Saved 5% 150000 7500

Investment Strategy upto 5 Lakhs with Tax Planning

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Investment Strategy upto 5 Lakhs with Tax Planning Different types of Investment Strategy upto 5 Lakhs with Tax Planning are as follows : • Generally 1. PPF 2. Insurance 3. Fixed Deposit 4. NSC • Tax Planning with wealth 1. PPF 2. Term Plan 3. Elss 4. ULIP • More Then 1.5L 1. Mutual Fund 2. Stock 3. ETF 4. Liquid Fund 5. NCD https://www.youtube.com/channe....l/UCpLA1d2SabkUKkrlz Follow me on Social Media: 1. Facebook :  https://www.facebook.com/tax4wealth 2. Linkedin :  https://www.linkedin.com/in/tax4-wealth-4aa2b718b/ 3. Twitter :  https://twitter.com/tax4wealth 4. Tumblr :  https://tax4wealth.tumblr.com/ 5. Pinterest :  https://in.pinterest.com/tax4wealth/pins/ 6. Medium :  https://medium.com/@bhartichawla27 Google Play Store https://play.google.com/store/apps/details?id=com.future.hellotaxindia&hl=en_IN ▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾▾ ➨ Website: https://tax4wealth.com/ ➨ Writes to us: tax4wealth@gmail.com ▾▾▾▾▾▾▾

India Currency : How to trade in currency in India

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India Currency: How to Trade in Currency in India ? मुद्रा एफ एंड ओ में व्यापार करें|  Introduction About Indian Currency Type of Currency Instruments Available in India USDINR, JPYINR, GBPINR, EURINR  Benefits of Currency Trading Trading in Currency is as simple as trading in Stocks/Index Futures and Options. Currency Trading in India For Futures, can trade with minimum Rs.2000 /lot. Currency Lot Size: 1000 Quantity Futures & Option Trading with Risk & Reward One can trade in Currency option with as low as Rs.300/lot. Cross Pairs Trading with Indian Rupee Tick Size: 0.15 Paisa https://www.youtube.com/channel/UCpLA1d2SabkUKkrlzg4AOqA?view_as=subscriber Follow me on Social Media: 1.  Facebook : https://www.facebook.com/tax4wealth 2.  Linkedin   : https://www.linkedin.com/in/tax4-wealth-4aa2b718b/ 3.  Twitter     : https://twitter.com/tax4wealth 4. Tumblr      :  https://tax4wealth.tumblr.com/ 5. Pinterest   : https://in.pinterest.com/tax

Portfolio Checking : How to do free Portfolio Check up Today

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Portfolio Checking : How to do free Portfolio Check up Today Things to be done for checking up the poor performance of the equity portfolio today 1. Immediately exit the share if any of the share of our portfolio had lost more than 30% as on today. 2. Exit the shares for having poor corporate governance or issues at the promoter levels. 3. Have one IT company in our portfolio today. 4. Highly Cash rich Company Today must be invested today. 5. Following the best quality for long term portfolios. https://www.youtube.com/channe....l/UCpLA1d2SabkUKkrlz Follow me on Social Media: 1. Facebook :  https://www.facebook.com/tax4wealth 2. Linkedin :  https://www.linkedin.com/in/tax4-wealth-4aa2b718b/ 3. Twitter :  https://twitter.com/tax4wealth 4. Tumblr :  https://tax4wealth.tumblr.com/ 5. Pinterest :  https://in.pinterest.com/tax4wealth/pins/ 6. Medium :  https://medium.com/@bhartichawla27 Google Play Store https://play.google.com/store/apps/details?id=com.future.hellotaxindia&hl=en_

ITR filing : Penalty for late filing of Income Tax Return

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ITR filing Penalty for late filing of Income Tax Return Section 139(4) – Late Income Tax Return If an assessee is unable to file returns by the due date as mentioned in section 139 (1), the assessee can still file belated returns within a period of one year from the assessment year or before the completion or conclusion of the assessment as per Section 144, depending on which takes place earlier; However such assessees may incur a penalty of Rs 5,000 as prescribed under Section 271F of the Income Tax Act, 1961. However for those for whom returns were not required to be filed mandatorily as per as provisions under Section 139 (1) even if the returns were filed after the year of assessment was over will not have to pay the penalty. The disadvantage for late filing of ITR Failing to file one’s tax returns by the final due date comes with certain disadvantages: According to Section 234F, if you fail to file your returns on time, you have to pay a penalty of up to Rs 10,000. If the Incom