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Sunday, 28 May 2017 11:59

Mobile Wallets: All That You Need To Know

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Mobile Wallets: All That You Need To Know

InvestoPlanner View Point; 28 May 2017

The use of Mobile Wallets has become the new-normal in our economy as these wallets provide great convenience in our day-to-day transactions. While low-cost smartphones coupled with high-speed internet penetration fueled emergence of mobile wallets, the cash crunch created by Demonetization expanded the acceptance and use of these wallets. Paytm, Freecharge, Mobikwik, Airtel money are some of the commonly used wallets.


Income Tax Filing: Guidance for Salaried Individuals

InvestoPlanner View Point; 01 May 2017

For salaried individuals, Income Tax Filing has been a simple yearly reporting activity as salary is their main source of income and employers deduct the taxes at source. Most salaried individuals just file a Nil Tax Return and do not declare their Other Income. This is either due to lack of awareness or due to a perception that Income Tax Department will not track as generally it is a small income. However, it is mandatory to declare such income and Income Tax Department has systems in place to track any tax evasions.


Financial Planning: A Key Guide to Achieve Success in Life

InvestoPlanner View Point; 19 March 2017

As we are entering the financial year 2017-18, it is time to create a Financial Plan for the year with an outline for earnings, spendings, savings and investments.


Tax Saving Investments: Protect Yourself against Mis-selling

InvestoPlanner View Point; 19 February 2017

The Indian Income Tax Act provides a number of deductions for Individual Tax Payers to reduce their tax liability for making certain investments under various sections. One of the major deduction is Rs. 1,50,000/- for investments made under section 80C. In this viewpoint, we will provide an assessment of the current scenario of tax saving investments made by people in India and our recommendations for them to make the right choices.

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BBMP Demolition Drive: A Wake up Call to Home Buyers

InvestoPlanner View Point; 01 October 2016

With illegal constructions mushrooming all over Bangalore city, the authorities have finally woken-up and vowed to take a stringent action. The city has seen many demolitions in the past couple of months, especially in areas such as Yelahanka, Bommanahalli, Mahadevapura, Kodichikknahalli. The BBMP (Bruhat Bengaluru Mahanagara Palike) has already razed some 200 homes and structures, of the 1,923 encroachments identified on storm water drains and lakebeds. This has created fear and concerns in the minds of prospective property buyers.


Black Money Crackdown: Demonetisation of Rs 500, Rs 1000 Notes.

InvestoPlanner View Point; 09 November 2016

Very Simple and Highly Beneficial for Common Citizens and Honest Tax Payers; Very Tough and Highly Complicated for Corrupt and Black Money Holders

Government of India, led by Prime Minister Narendra Modi demonetized Rs 500, Rs 1000 currency notes from midnight November 08th 2016, in a major crackdown on black money, fake currency and corruption. This is a historic step to fight black money, which came as a shocker to black marketers, hoarders and corrupt. There could be some minor inconveniences to common citizens, but these are short term and provide significant long term benefits.

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