Simplified Laws Guide to Taxation and Legal Concern

Know who is the inventor of e-mail? The credit goes to an Indian American V.A. Shiva Ayyadurai who received official recognition as the inventor of the computer program for electronic mail system from the US government August 30, 1982.   Studying at Livingston High School in New Jersey, Ayyadurai began …

This is a very confusing topic. The more you read, the more you get confused. So, to read less and to get less confused, go through this short note! Life Insurance Premium Coverage – For tax benefit u/s 80C of Income Tax Act, Individual Taxpayer can pay life insurance premium …

Good news for employees – The Employees Provident Fund Organization (EPFO) has hiked the minimum salary limit to Rs. 15,000 from Rs. 6,500. The changed rules will be applicable from 1st September 2014.   What it means to employees? Suppose the basic salary of an employee is, say, Rs. 15,000. …