Finance Friend

Deduction of Interest on Loan taken for Higher Education

January 11, 2023June 18, 2016

Deduction of Interest on loan taken for Higher education is probably very less known benefit provided by Income Tax Department. Now a days cost of higher education is soaring . Students take loan with Read more […]

Income Tax rates for FY 2016-17

June 16, 2017June 17, 2016

Income Tax rates for FY 2016-17 (Financial Year 2016-17)and AY (Assessment Year)2017-18 A. Individuals/HUFs/AOPs/BOI/Artificial Judicial Person A1. Read more […]

Income Tax rates for FY 2015-16

June 25, 2016June 17, 2016

Income Tax rates for FY 2015-16 (Financial Year 2015-16)and AY (Assessment Year)2016-17 A. Individuals/HUFs/AOPs/BOI/Artificial Judicial Person A1. Read more […]

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 […]