by FinGurus | Dec 28, 2020 | Update
The Covid-19 pandemic has brought an unprecedented attack on our economy. While it has taken a significant hit on people’s livelihood, it has also affected some of the Government’s allowances. One such allowance that has been notably impacted by the... 
by FinGurus | Dec 16, 2020 | Update
Keeping the devastating pandemic situation in mind, many employers have allowed the option of work from home to their employees. While this provision has undoubtedly helped many shield themselves from the virus, it has also taken a hit into their savings. From... 
by FinGurus | Dec 9, 2020 | Update
Gone are the days when people believed that mutual funds are only for people who can make a one-time investment. With the SIP becoming an increasingly popular way of bearing the fruits of mutual funds, people with as less as Rs. 100 can start investing in a mutual... 
by FinGurus | Dec 3, 2020 | Update
As soon as the tax filing season approaches, we keep searching for ways and opportunities to minimize our tax burden. While searching for legalized ways, the first and foremost option that any taxpaying individual opts for is Section 80C of the Income Tax Act. ... 
by FinGurus | Nov 25, 2020 | Update
When it comes to cash transactions, be it paying or accepting money, the Income Tax Laws have set certain restrictions that every countryman needs to abide by. While some of these restrictions apply to people engaged in different professions and businesses, some apply... 
by FinGurus | Nov 18, 2020 | Update
The Central Government has recently come up with a new GST Return scheme to ensure some relief to the small taxpayers of our country. An individual taxpayer whose aggregate turnover under GST does not exceed the value of Rs. 5 crores are the main target of this new... 
by FinGurus | Nov 11, 2020 | Update
With the festival of lights approaching, it’s that time of the year when we plan gifts for our near and dear ones. On this auspicious occasion, people in our country exchange gifts to send positive vibes and express affection and gratitude. However, did you ever think... 
by FinGurus | Nov 4, 2020 | Update
As a responsible citizen of the country, it is essential that you pay your taxes on time. Now, while it is a given fact that the income generated in a financial year is assessed in the upcoming year, often referred to as the Assessment year, the taxes get paid before... 
by FinGurus | Oct 28, 2020 | Update
The Income Tax Department of India has recently introduced a lengthy instruction manual that comprises step-by-step guidelines that need to be followed for filing tax returns. This long manual contains hundreds of pages and assists the taxpayers with a detailed... 
by FinGurus | Oct 21, 2020 | Update
Dealing with a disability and paying for medical expenses amid all other livelihood needs is undoubtedly a burdensome task. On top of that, if you fall under the category of a taxpaying citizen, it can take a toll on your financial condition. Keeping all these hassles...