Section 80G

Know about deductions under Section 80G

Section 80G: Deduction for donations towards Social Causes

The various donations specified in Section 80G are eligible for deduction up to either 100% or 50% with or without restriction as provided in Section 80G. Section 80G deduction not applicable in case donation is done in form of cash for amount over Rs 10,000. Continue reading “Know about deductions under Section 80G”

Home Loan Subsidy

All you need to know about the government’s subsidy on home loan

When entire India was fearing Prime Minister Modi’s speech on December 31, expecting another bombshell after demonetization, PM Modi came up with announcement of subsidized interest on home loan. The scheme is set to be implemented.

‘Roti, Kapda and Makaan’ has been the vision of past several governments. Not only the lower income, but middle income groups too dream of their own house. Subsidized home loan is one way of achieving that dream. New Credit Linked Interest Subsidy Scheme for Middle Income Groups (CLSS-MIG) is the government’s step towards a developed India. Continue reading “All you need to know about the government’s subsidy on home loan”

Aadhaar mandatory

Aadhaar mandatory for Income Tax Return Filing and PAN

Moneyम्जी has repeatedly said in the past that the present govt is a determined hungry wolf, who won’t let you go without paying taxes. The wolf government has proposed another attacking move to get its food. The government has proposed to make Aadhaar mandatory for filing Income Tax Return and applying Permanent Account Number (PAN) from July 1.  Continue reading “Aadhaar mandatory for Income Tax Return Filing and PAN”

how to start a company

How To Start A Company : A Complete Guide for Startup In India

How To Start A Company : A Complete Guide for startup in India

“Yes, I can do it!” I can start a business. But, how? There is a fire within us to make a dent in the universe. We synonymously call it as passion, which can achieve anything. But, a passion without direction will lead us nowhere. It needs to be put into action, not abruptly, but in an organized way. Let’s climb up the stairs step by step. This article will guide you every single thing about how to start a company.  Continue reading “How To Start A Company : A Complete Guide for Startup In India”