S. Vinayak wants to know which investments qualify for tax deduction under Section 80C. Here are the avenues he can avail of.

If the income-tax office has provided incorrect account details, you can resolve the matter by visiting ITO with the copies of the acknowledgement of your return and the bank statement with the account details.

Anyone who works with the same company for more than five years is eligible to receive gratuity.

Unit-linked plans from insurers and funds offer several benefits, say Narayan Krishnamurthy and Rakesh Rai.

No dependants doesn’t mean no planning. Singles need to focus on individual needs, says Sushmita Choudhury.

Allocating resources in a good mix of growth and debt investments is essential. The risk profile of the portfolio should slowly go down as one gets closer to retirement.

We take a look at the reasons behind the latest turmoil in the US and its impact on global markets.

The monthly investment required to meet the goals of Raipur-based Thakur is higher than his current monthly income. So he must maximise the earning potential of his surplus.

You are entitled to two types of deductions. One, on repayment of the principal amount, and the other on the interest paid on the loan.

Entire STT payment will be treated as expenditure against the income from trading of shares.

You can claim a deduction under Section 80C in your income-tax return for the life insurance premium paid on a policy taken on your own life, the life of your spouse or child.

As if the rising interest rates were not worrying enough, now be prepared for the sting of higher service charges. The financial sector in the country has been battling rough weather for a while now.

The mutual fund investments are subject to capital gains tax, which is applicable to gains from the sale of fund units. This tax is levied directly on investors, as opposed to DDT, which is charged to the fund. Let us consider the capital gains tax at the 2008-9 rates.

The only way to master the art of stock investing—low risk and high returns—is to take the time-tested route of long-term investing.

It is important to structure a package in such a way that the basic is not too large to be taxed too much, but is large enough for the provident fund contribution to make sense.

Yes, Section 24(b) of the Income Tax Act allows deduction of interest due on home loan from the head 'Income from house property'.

Invest to ensure a large inheritance.

You need to file return on your actual income, including income from other sources.

As the inflation rate moves up, key market indices are spiralling downward. Is there a way of making sure that your portfolio is not affected by this rising rate?

Any interest earned from saving is taxable. The interest income is to be added to your total income while computing your tax liability.