Franklin India Taxshield Fund

Best SIP Funds to Invest Online Franklin India Taxshield Fund scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments. An established fund in the ELSS category, it has steadfastly maintained a large-cap… Read More »

If you missed ITR Filing deadline – What should you do

The last date for filing of income tax returns (ITRs) for the assessment year (AY) 2017-18 was 31 July 2017. However, the government has extended this deadline to 5 August 2017, to enable maximum number of people to file their returns. But you need to know that even if you miss the last date of… Read More »

How to get errors in Form 26AS Corrected

Best SIP Funds to Invest Online By now most salaried individuals would have received their Form 16 from their employer. Although Form 16 will have details of tax deducted at source (TDS) by the employer, it is essential that they check their Form 26AS, i.e., the statement showing TDS details from various other deductors. It… Read More »

What are the different Types of ITR status?

Best SIP Funds to Invest Online Submitted and pending for e-verification: This status is shown when you have filed the ITR but either have not e-verified it or have manually verified it and sent the acknowledgement to the department but the same has not been received by the department yet. Successfully e-verified: If the status… Read More »

Checking Form 26AS

Best SIP Funds to Invest Online A taxpayer should ensure that the income tax return or ITR is in sync with Form 26AS, say experts July 31 is the last date for filing income tax return (ITR) for assessment year 2018-19 or financial year 2017-18. Form 26AS is an essential document salaried individuals should check… Read More »

Changes to Employee Pension Scheme

Best SIP Funds to Invest Online Changes to EPS The Employee Pension Scheme, which runs parallel to the EPF, is also likely to see some changes. At present, employees earning up to Rs 15,000 a month are eligible for a minimum guaranteed pension of Rs 1,000 per month after retirement. All members become eligible for… Read More »

How to Get your Tax Returns Verified

Several taxpayers who have already e-filed or will do so by the due date of July 31 will heave a sigh of relief. Congratulations on getting your taxes done in time! Now begins the wait for your tax refund. Or a confirmation from the tax department that your return is processed. But none of this… Read More »

Guide to Claim Income Tax Refund and Check Status Online

Invest in ELSS Funds Online and Save Tax What is Income Tax Refund? An Income Tax Refund is a refund which is issued to the taxpayer by Income Tax authorities when his tax liability is less than the actual taxes he paid. Who is Eligible for Tax Refund? There are several situations where a person… Read More »

Revised of Filing ITR

Best SIP Funds to Invest Online Allowing taxpayers to submit returns up till August 31, provides relief to those have not filed it yet, especially employees who did not receive their Form 16 in the designated time frame. They now have time to claim the right refunds. More importantly, the extension is a boon to… Read More »