DSIJ Mindshare

If you are a salaried person and your employer has deducted excess tax from your salary by way of tax deducted at source (TDS) or if some of your tax saving investments have not been taken into account while computing TDS, you would be eligible for a refund of the excess tax paid by you.

A will enables smooth transfer of ownership of assets to your loved ones and helps avoid disputes among survivors and the legal hassles that arise from such disputes.

We all know that the Union government, state governments and local bodies draw up their own budgets every year. These budgets provide the estimated revenue and expenditure of the respective governments and local bodies for the next financial year.

Should you buy a house of your own or continue to stay on rent? This is the million rupee question that you might be facing every day. Any decision on this should take into account some important factors. Let’s look at what these factors are and how these will impact you.

In financial transactions, you need to consider various costs that impact your returns on investments. There are mainly two costs of money, namely, the time value of money and the opportunity cost of money. Let us understand what these mean.