After a long delay, government has clarified on this new tax saving scheme. Rajiv Gandhi Equity Savings Scheme (RGESS) is introduced to encourage small investors to channelize their savings into domestic capital markets. The scheme has been framed consequent to the introduction of Section 80-CCG in the Finance Act 2012. Under this scheme, a […]
Income Tax
Rajiv Gandhi Equity Savings Scheme –2012
This is a new tax-saving investment scheme introduced by our finance minister and is now approved for roll out. RGESS is a tax saving scheme meant to invest retail investor’s money into the stock markets that will allow tax breaks. This scheme is similar to ELSS . Let us take a quick insight at its […]
Income Tax: Documents Required for TDS and HRA Relief
As the Tax season is close by many of the Tax payers will be breaking their heads to save taxes. As i always say people should start planning their taxes in the beginning of the financial year than breaking their heads at the last moment and making hasty investments which will make them end up […]
Tax saving is not enough! Go ahead do Tax Planning!
Most individuals we come across, are more worried about saving taxes than saving for their future. However, in the pursuit to save taxes, individuals more often than not, ignore financial planning. Many are of the opinion that planning their personal finances can be accorded a lower priority, after tax planning. They believe that financial planning […]
3 Golden Mantras to Achieve Financial Freedom
Assuredgain believes the path to success is by keeping it simple. Three golden mantras to achieve financial freedom are: You must spend less than you earn Commit to a strategy you can follow. Be disciplined and exercise patience. Tax season forces people to take a cold hard look at their finances and investment portfolios whether […]
Personal accident insurance policy? Must buy policy for every individual
Accident insurance policy – Must buy policy for every individual Accidents are the fact of life. Chances of mishaps happening to ourselves seem almost remote but they could happen at a time when you least expect it. The probability of you met with an accident in India or abroad is very high. Do you know? […]