In a few months' time the taxman will coming knocking on your door. However, he cannot tax you on the following 14 important items of income and receipts, as they are fully exempt from income tax and which a resident individual Indian assessee can...

Barely six months since the usage of other bank ATM's was allowed for free — the rules have now changed. Effective 15th October, 2009 customers will be allowed to withdraw a maximum of Rs. 10,000 per transaction from non Bank ATMs. What this...

photo by Erik Schlange National Securities Depository Limited (NSDL) has launched a Short Message Service (SMS) based facility to know the status of challans. The procedure for availing this facility is as under: 1. The tax payer can send an SMS to...

Although the Reserve Bank of India has allowed shops to act as ATMs, the people meant to serve as banks' new touch points - the shopkeepers - will have to be convinced first. On July 22, the Reserve Bank of India had issued a circular permitting cash...

Google has created TipJar, a new website where people can share money-saving advice and vote on how useful they find the information. Advice is divided in to several categories, including at home, at work, travel, shopping and family. So far, more...