Everybody is equal before the law. However, could everyone be equal before the Tax-man? When tax laws were first introduced in our country, everyone was treated the same whether it was income tax or property tax. Over time the government came to realize that senior citizens could not be treated the same as those who [...]

Come April 2012 and the sequel of Income Tax Act of 1961 will most probably be out. The new avatar is christened Direct Tax Code and is expected to do away with all that is bad and cumbersome in the original. With this new tax code, the finance ministry seeks to widen the tax base [...]

Are you searching for the perfect investment option to strengthen your portfolio? It is obvious that you are looking for an option that is low on risk and high on returns. Well, in that case, choosing to invest in Fixed Maturity Plan would give your ‘portfolio recipe’ the perfect flavor. So, what is this Fixed [...]

Whether you are an individual working for a company or a business person owning a company, you are liable to pay your taxes regularly. Nevertheless, this is a very tiresome thing to do. Besides, due to lack of knowledge about taxes many of you find yourselves paying taxes when you could have saved on it. [...]