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Income Tax Returns Filing Due Date Extension – 05 Aug 2017 For AY

Income Tax Returns filing due date has been extended to 05 Aug 2017 for Assessment Year 2017-18. Till today morning IT department was denying of possibility of any extension for due date. Since Saturday afternoon, incometaxindiaefiling.gov.in website is not functioning properly with frequent maintenance breaks and time outs.  There are many types of error displayed …

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Small Savings Schemes Interest Rates Slashed [AGAIN]

Small Savings Schemes Interest rates are on the down ward spiral.  Finance ministry again slashed interest on these saving instruments by 0.1% (10 basis points).  From the year 2016 government started reviewing interest rates on small savings schemes on quarterly basis.  The aim of this is to keep the rates on these schemes inline with …

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Why Invest In Gold Sovereign Bonds- (PHYSICAL GOLD ALTERNATIVE!!)

Why one must Invest In Gold Sovereign Bonds issued by RBI on behalf of Government of India than choosing physical gold?  I wrote about all the investment options in gold in India like Gold ETF, E-gold, Reliance My Gold Plan, Gold Mutual funds some time back.  Now a new and better investment option for investors in …

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Brokerage Calculators Updates

Brokerage Calculator Updates are done in all the following calculators with increase in service tax from 12.36% to 14%.  Although, the increase in service tax is announced during union budget, it is notified to be effective from 01 June 2015. Intraday Brokerage Calculator: For Intraday traders, this calculator is useful for quickly calculating their breakeven points …

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