STI NEWS;"ITR-V(income tax return e filed) AY 2010-11due date Extended to 30.10.2011"plus 10 more

STI NEWS;"ITR-V(income tax return e filed) AY 2010-11due date Extended to 30.10.2011"plus 10 more


ITR-V(income tax return e filed) AY 2010-11due date Extended to 30.10.2011

Posted: 08 Sep 2011 09:45 AM PDT


The due date for submission of ITR-V for A.Y. 2010-11 has been extended upto 31.10.2011 or 120 days from the date of upload whichever is later.Earlier date was extended up to 30.06.2011 only. As per Income tax department data 10-15% persons ,who have uploaded the Income Tax return (efiling) without digital signature have not sent ITR_V form to Income tax Bengaluru office. Person required to

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SHARE TRADING MAY BECOME CHEAPER

Posted: 08 Sep 2011 09:13 AM PDT


The cost of trading in shares is likely to go down. The Union finance ministry has taken up a review of the current Securities Transaction Tax (STT) regime after a meeting with top exchange officials yesterday.  While a waiver of STT in the... ......

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How to avoid Interest Defaults TDS default NOTICES

Posted: 08 Sep 2011 09:16 AM PDT


Each e-TDS statement is processed by TIN and defaults are put on web site for deductors to rectify. In this article, we will examine what is default on account of interest and how it can be avoided When is interest payable ? As per income-tax , interest is payable under the following two circumstances Tax is not deducted , when it was deductible Tax once deducted, is not paid on or before

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Understanding health insurance portability!

Posted: 07 Sep 2011 07:47 PM PDT


What is health insurance portability? Health Insurance Portability allows you to shift from one health insurance provider to another, without having to lose any of the benefits that your current health insurer provides. What are the reasons for its introduction into the system? The main reason why the Insurance Regulatory and Development Authority (IRDA) decided to allow health insurance...

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How can you cash in on inflation!

Posted: 05 Sep 2011 11:14 PM PDT


"Inflation" is the one dreaded word that can shake the confidence of economists, investment bankers, policy makers and even the government! Well, the harsh reality is that if the economy is growing inflation will definitely raise its head to haunt you. Let's try to explore why it is such a dreaded word and is there any hidden opportunity for an investor to generate profit out of this? ...

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Use credit only when benefits outweigh costs!

Posted: 05 Sep 2011 07:29 PM PDT


Polonius, a character in Shakespeare's play "Hamlet" advises his son, "Neither a lender nor a borrower be". With due respect to Polonius and his genius, credit has become a part and parcel of our life. While most of us cannot be lenders, we are bound to be borrowers because of the system we live with. Consumer credit is a scheme to receive goods and services today in lieu of the payments made in...

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Five little known reasons why banks reject a loan!

Posted: 05 Sep 2011 06:55 PM PDT


Most of us are now aware of some of the critical reasons a bank might refuse a loan and gear up for it well before a loan needs to be sought! This is very true in the case of a home loan, which requires preparation on various fronts. You are likely to pep up your credit score, ensure you pay your credit card dues in full, on time, increase your income levels, close out previous loans etc. in...

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How to manage your credit card!

Posted: 04 Sep 2011 07:25 PM PDT


A credit card is a useful tool, when managed judiciously but a lurking danger if you mismanage it.  One of the first things you need to keep in mind, is read the term and conditions when you apply for a credit card. It could be a laborious process but something that has to be dealt with, to protect yourself from any rude surprises that might be in store for you in times like this. One hears...

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Buying a car? Here are some tips!

Posted: 04 Sep 2011 07:15 PM PDT


When you compare cars, check the mileage that they are offering, accessories and features offered, the insurance cost of the car, the maintenance cost of the car and the warranty offered with the car. If you are not picky about the color of the car, a color which is not that fast moving may come with some good discounts. Also, look at the different features that a car offers and choose the one...

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DTC – The good and not so good features!

Posted: 02 Sep 2011 06:13 AM PDT


Since the start of your professional life your well wishers including family members and friends might have told you, "Work Hard and Earn More". You possibly made it the mantra of your life but the day you received your pan card and approached the income tax department, the mantra started to sound like a myth after your rendezvous with the demon called Income Tax. Now the mantra caption sounds...

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How corporate events impact stock prices!

Posted: 02 Sep 2011 01:29 AM PDT


We tend to ignore the basic fundamental of stocks when we invest. However small the ownership of the company, we tend to buy it! Every stock represents a tiny ownership of the company. This implies that the corporate events within the company will impact the stock. The purpose of a firm is to maximize the shareholders' value and the management is delegated with the responsibility to achieve the...

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