Tag Archives: tax saving

Penalty On Late Filing Of Income Tax Returns And Other Tax Changes From 1 st April- MoneyMindz

By | 04/04/2018

You would have studied Newton’s third law of motion during your school days “For every action, there is an equal and opposite reaction.”.  For every deed, there is a consequence. Similarly, for every error, there is a penalty. Why are we talking about penalties now? It’s because that is what we will discuss now. If… Read More »

Tax Changes Will Come Into Effect From 2018 April 1 – MoneyMindz

By | 23/03/2018

The Finance Bill 2018 was passed on March 14 and it will become law by April 1 once President Ram Nath Kovind signs off on it. Once it becomes law it will directly have an impact on the taxes you pay. Some of the key changes include reintroduced standard deduction, tax relief for senior citizens,… Read More »