Finance Friend

Cost Inflation Index (CII)

June 15, 2016June 15, 2016

Cost Inflation Index (CII) As per provisions of Income Tax Act, for the purpose of Long term capital gains, Indexed cost of acquisition and indexed cost of improvement are deducted from Sale value consideration. Cost Read more [...]

Employees to submit Form 12BB to Employer

June 7, 2016June 7, 2016

Employees to submit Form 12BB to Employer. Until now employer were gathering investment details as per their own format and supporting evidence as per their internal HR Policies from employee. Recent Read more […]

How to use VLOOKUP function in excel

June 17, 2016July 28, 2015

How to use VLOOKUP function in excel Background: If you are new in excel or you are fresher and have just joined industry, you probably listen words like VLOOKUP on daily basis. Excel is an integral Read more […]

Income Tax rates for FY 2014-15

February 20, 2015August 31, 2014

Income Tax rates for FY 2014-15 (Financial Year 2014-15)and AY (Assessment Year)2015-16 as per Budget-II of 2014. A. Individuals/HUFs/AOPs/BOI/Artificial Read more […]

Income Tax rates for FY 2013-14

February 20, 2015March 27, 2014

Income Tax rates for FY 2013-14 (Financial Year 2013-14)and AY (Assessment Year)2014-15 as per Budget 2013. A. Individuals/HUFs/AOPs/BOI/Artificial Read more […]

Deduction of Interest on deposits in Saving Accounts

June 17, 2016February 28, 2014

Deduction of Interest on deposits in Saving Accounts. While filing Income Tax return for FY 2013-14, you may be wondering whether to include saving account interest in Gross Total Income. Can I get Read more […]