July 2016

Is Term Insurance A Smart Investment?

Term Insurance is most popular and at the same time most misunderstood insurance products. Many people invest in  term insurance just because their insurance advisor told them to do so.  So, is term insurance is a smart investment to make as compared to other alternatives for the same? What is Term Insurance? It is a life insurance product which is a lot cheaper as compared to other life...

8 Incomes That Are Considered as Tax Free

Tax free Income!!! Surprised??? Well, don’t be!!!! The Income Tax act also allows some incomes to be exempted, which will reduce your tax burden to a certain extent. This article will elaborate more on such tax free income, so that to aid your tax planning. 1. Agricultural Income Being primarily an agricultural economy, India still survives on agriculture. Income Tax Act, hence has...

Income Tax Notices – Actions to be Taken

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