Recent Posts

How Iraq crisis will impact Indian Economy

Look at our fate! A government with full majority is at the Centre, led by an aggressive Prime Minister. The Prime Minister wants to give water to electricity, good roads to speed rails, kinder gardens to garden variety of Universities and what not to the people of this country.But where …

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How to avoid TDS deduction on Bank deposits

This is in continuation of my previous article ‘Invest in FD but still save income tax on Interest’.   TDS on Interest When bankers pays the interest on FD, they have to deduct tax at 10% (called TDS) u/s 194A if the interest is over Rs.10,000/- per year. TDS Exemption …

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Back to square one

Everyone knows its meaning; back to square one means you have to start working on a plan from the beginning again and the progress you made till now is wasted. I understand that the first time this phrase was used in print media was in 1952. Maybe this phrase is …

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