Income Tax Slab Rates for Financial Year 2017-18 (The assessment year 2018-19): For the fiscal year 2017-18, Income Tax Slab rate equal to Rs. 5 lakhs has declined from 10 percent to 5 percent. Part I: Slab rate for Income Tax for Individual Taxpayers and Hindu Undivided Family (HUF) (Not more than 60 years of… Continue reading New Income Tax Slab Rates for FY 2017-18
We all file ITR every year, but many of us are not aware of the process of Income Tax Refund is done. You have the eligibility to get the income tax refund if you have made a payment of more tax to the administration or government than the actual liability of tax. This generally happens… Continue reading How to Get Income Tax Refund in India?
Overview Purchasing LIC policies is very common among the average Indian as the benefits of doing so are numerous. The Life Insurance Corporation of India has been around for awhile now and has earned a good reputation of providing customers with sound life insurance and other LIC plans that have been easy to claim as… Continue reading Important Things to Know about paying Life Insurance Premium