1+ From the next financial year (April 1, 2019), taxpayers under the composite scheme of the GST can look forward to more relaxed rules with and increased the turnover limit for the applicability inclusion of service providers and reduced tax rates. In the last GST council meeting, the scheme was also made applicable to the … Read more ALL YOU WANTED TO KNOW ABOUT ‘COMPOSITION SCHEME UNDER GST’.
1+ Usually, investments in ELSS and unit-linked insurance plans (ULIPS) are more risky since they are equity-based and their returns are linked to the stock market. Check your risk appetite before making such investments. However, remember the returns from them are, typically, better than most other products covered under 80C. The risk factor involved in … Read more FACTORS TO CONSIDER WHILE INVESTING INTO TAX-SAVING INVESTMENTS.
1+ “Seigniorage” is the difference between the value of currency/money and the cost of producing it. It is essentially the profit earned by the government by printing currency. It can also be termed as a source of revenue for governments as the value of money printed is generally higher than the cost of producing it. … Read more THE GOVERNMENT EARNS “MONEY” EVEN WHILE PRINTING “MONEY”, HOW?