Annual Income Tax Activities in India

  Sl.No Activity Description TimeLine Comments 1 Tax declaration 1st Week April or 4th month of every year   2 Provide Tax Savings proofs to the Payroll Mid of February or 2nd month of every year   3 Collect Form 16 mid-to-end of June or 6th month of the year   4 File IT Returns July or 7th month of the year   5         Individual has to provide a Tax declaration form at the start every financial year, that is April or 4th month of every year This declaration will have your planned tax saving investment […]

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Basics of a savings account

Topics Deposits (0) Saving (1) Basics of a savings account 11, January, 2012 The main aim of any savings account is to promote the healthy habit of saving money while at the same time allowing individuals to utilise it whenever they wish. The primary advantage of a savings bank account over other forms of saving instrument is that is secured and highly liquid. Take a look here if you’re interested in opening such an account as well as investigating other useful banking services. In addition to it, an individual also earn nominal interest too. The interest rates on these are […]

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ICICI Banking requires Debit Card for any online transactions…

I just realized that ICICI Banking requires Debit Card for any online transactions…for online fund transfers, internet shopping/banking, transaction password generation/reset, etc., Further surprising thing is that you can’t place any online service requests as even they require debit card for Authorizing you to place a request.    To add to that you can’t get a Debit card online, you need to visit any of the branch to place a physical request to get the card (will be issued if branch has cards in stock). It’ll take around 24 Hrs to get it activated.     Error There is no […]

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