Tag: Saving for Retirement in Your 20s

Important Accounting Concepts to Ensure Proper Accounting of Financial data

Important Accounting Concepts to Ensure Proper Accounting of Financial data     Important Accounting Concepts to Ensure Proper Accounting of Financial data: Concepts in accounting are the theoretical constructing blocks of the observation of economics, finance, and accounting. Accounting terminology like those facilitate the methodical recording of financial records and transactions for people, firms, and… Continue reading Important Accounting Concepts to Ensure Proper Accounting of Financial data

Best index funds in January 2023

Stock market outlook for 2023

Stock market outlook for 2023   Stock market outlook for 2023: An index fund is a funding fund – both a mutual fund and an exchange-traded fund (ETF) – this is primarily based totally on a preset basket of stocks or indexes. This index can be created through the fund supervisor itself or through any… Continue reading Best index funds in January 2023

Stock market outlook for 2023

Stock market outlook for 2023

Stock market outlook for 2023   Stock market outlook for 2023: Even after bouncing off their October lows, stocks have been down large in 2022 – and marketplace watchers count on greater of the equal in 2023, at the least at the start. With the Federal Reserve set to retain elevating hobby fees and the… Continue reading Stock market outlook for 2023

Interest u/s 201(1a) of Income Tax Act, 1961

  Interest u/s 201(1a) of Income Tax Act, 1961   A person is vulnerable to pay hobby to diverse delays/defaults & one of all them is Interest u/s 201(1a) of Income Tax Act, 1961 for Delay in Payment of TDS/TCS. In segment 201 of the Income-tax Act, for sub-segment (1A). The following sub-segment will be… Continue reading Interest u/s 201(1a) of Income Tax Act, 1961

GST Quarterly Return Monthly Payment (QRMP)

  GST Quarterly Return Monthly Payment (QRMP) CBIC has released GST Quarterly Return Submission & Monthly Payment (QRMP) scheme. In order to offer a remedy to small taxpayers and simplicity of doing business. The GST Council in its forty-second assembly hung on the fifth of October 2020. Had endorsed that registered taxable men or women… Continue reading GST Quarterly Return Monthly Payment (QRMP)

Who Qualifies for the Earned Income Tax Credit?

  Who Qualifies for the Earned Income Tax Credit? If you’re 65 years old or older and your earnings are low- to moderate. You can qualify for the EITC—a credit score that might lessen the taxes you owe and assist you with the price of regular expenses. And the maximum essential news? You can qualify… Continue reading Who Qualifies for the Earned Income Tax Credit?

How To Choose the Right Long-Term Savings Account

  How To Choose the Right Long-Term Savings Account Long-time period financial savings money owed may be used to keep for huge purchases, university fees, retirement, and extra. You can use long-time period financial savings to pay for one-time fees or assist manipulate your everyday dwelling fees as soon as you are now no longer… Continue reading How To Choose the Right Long-Term Savings Account

Public Provident Fund (PPF Account)

  Public Provident Fund (PPF Account) Public Provident Fund: You need to be aware of the time period PPF Account which stands for Public Provident Fund. When you be part of a brand new process or begin earning, nearly anyone shows you to put money into PPF to keep the tax. But what’s PPF and… Continue reading Public Provident Fund (PPF Account)

Direct tax receipts keep growing at a brisk pace: CBDT

Direct tax receipts keep growing at a brisk pace

  Direct tax receipts keep growing at a brisk pace: CBDT Direct tax receipts keep growing at a brisk pace: Centre’s direct tax sales receipts keep growing at a sturdy pace, with gross collections displaying a bounce of 30% 12 months-on-12 months to Rs 8.36 trillion in FY23 thus far, Central Board of Direct Taxes… Continue reading Direct tax receipts keep growing at a brisk pace: CBDT

Best Roth IRA accounts in November 2022

Best Roth IRA Accounts in November 2022

. Best Roth IRA accounts in November 2022   Best Roth IRA accounts in November 2022: A Roth IRA gives many advantages to retirement savers, and one of the nice locations to get this tax-advantaged account is at a web brokerage or Robo-advisor. Although a Roth IRA calls for the account holder to pay taxes… Continue reading Best Roth IRA accounts in November 2022