"15 February 2014" Archive

ICAI directs CPIO to provide details of No. of CA Registered and in Practice

Institute of Chartered Accountants of India (ICAI) has directed  Central Public Information Officer (CPIO) on RTI appeal by Advocate B.S.K.Rao to provide details of  total number of members registered with the Institute and the total number of members holding Certificate of Practice (COP). Copy of RTI Application filed by Advocate B.S.K...

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Posted Under: CA, CS, CMA |

Receiving HRA? Rent a house to save Income Tax

With the cascading cost of living, renting an accommodation is a major financial outflow for an individual. However, the same rented accommodation can help save some tax for salaried employees. In current salary packages, employees receive house rent allowance (HRA) to meet the cost of renting an accommodation. A salaried employee staying...

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Brief on Equated Monthly Investment & Download EMI Calculator

An Equated Monthly Installment (EMI) is A fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month, so that over a specified number of years, the loan is paid off in full....

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