FINANCE TALKIES

At Finance Talkies, we simplify & sort Tax, Finance & Account woes for Start-Ups, Professionals, Individuals, etc. Since 2007, we are providing all the financial services to small businesses at their doorstep, be it – Accounts Preparation & Maintenance, Book Keeping & Maintenance, Hassle-free Filing of – Income Tax Returns (ITR), Goods & Service Tax (GST), Tax Deduction at Source (TDS), Advance Tax, Investment Planning, Tax Planning. Our performance speaks through our work. Our team of expert financial advisors, assist you in every possible manner. We have various packages to meet your need no matter if you are an Employee, Company, Professional, Self-Employed or Businessman. If you wish to make the most of your money and make your life easier and trouble-free, register with us.

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Before You Buy a Liquid ETF, Read This First

Liquid ETFs have become very popular in recent years. Many investors use them to park surplus money for short periods — instead of leaving cash idle in a savings account. On the surface, they look simple, safe, and convenient. But here’s the truth most people miss:not all Liquid ETFs are the same, and choosing the wrong one can quietly reduce your returns. Let’s break this down in simple…

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Before You Buy a Liquid ETF, Read This First

Liquid ETFs have become very popular in recent years. Many investors use them to park surplus money for short periods — instead of leaving cash idle in a savings account. On the surface, they look simple, safe, and convenient. But here’s the truth most people miss:not all Liquid ETFs are the same, and choosing the wrong one can quietly reduce your returns. Let’s break this down in simple…

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I’m Watching the BCCL IPO Closely — Here’s Why

Every time a PSU subsidiary talks about going public, I pause. Not because PSU IPOs are always great, but because sometimes they reveal value the market has been ignoring. The latest name on my watchlist is BCCL — Bharat Coking Coal Limited, a subsidiary of Coal India. Reports suggest it may come out with an IPO of around ₹1,300 crore, likely through an Offer For Sale. If that happens, Coal…

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Gold vs Silver vs Equity: Best Investment for the Next 10 Years?

Every investor faces this dilemma. Gold feels safe.Equity feels rewarding—but risky.Silver feels interesting—but uncertain. So where should you invest for the next 10 years? The answer isn’t about choosing one asset. It’s about understanding what role each asset plays in your portfolio. Equity: The Real Wealth Creator Equity has historically delivered 11–14% long-term returns, making it the…

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Meesho’s Billionaire Moment: A 2-Minute Lesson for Retail Investors

When the news came that Meesho’s co-founder had become a billionaire, it sounded like just another startup headline. But if you’re a retail investor, this story is actually a quiet lesson in how wealth is really created in the stock market. — It Wasn’t Overnight Success Founders don’t become billionaires in a day.They build companies for years and own a large part of them. That ownership —…

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Section 54F

The gains arising out of long term investments are known as Long Term Capital Gains. There are few ways we can save our tax on Long Term Capital Gains. One of the most famous of the ways of savings tax available in Income Tax Act is SECTION 54F. Here are the details of the Tax Exemption under Section 54F: Under this section, whole consideration received on sale of capital assets other than…

Section 54F

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"Navigating the Fixed Deposit Landscape: Tips for Effective Comparison"

Fixed Deposits have long been the core of safe and risk-free investments, providing a traditional haven for hard-earned money. In today’s financial landscape, numerous banks and Non-Banking Financial Companies (NBFCs) compete for your attention, offering alluring interest rates on fixed deposits. However, the key lies in selecting the right bank to maximize your returns. In this blog post, we’ll…

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Coming soon with our website to take care of all your financial worries

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Coming Soon with our website for all the financial services you need

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SOME LAST MINUTE WAYS TO SAVE TAX

Now taxpayers are in a hurry to make tax saving investments before 31March,2015, here are few ways through which you can save tax even at last minute:

1. INVEST IN TAX SAVER DEPOSITS: You can invest in tax saver FD (Fixed Deposits). It is the simplest and most popular way of saving tax. Most of the banks now allow customers to open a tax-saver FD online, but don’t allow online facility for other…

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EFILING YOUR INCOME TAX RETURN- BE CAREFUL

EFILING YOUR INCOME TAX RETURN- BE CAREFUL

One must file his income tax return and that too on or before last date. I have mentioned some consequences of not filing income tax return before last date. You must file tax returns as they may help you in getting loan from bank or financial institution.

If you are efiling your Income Tax Return then you must take care of the following things:

-> Fill your bank details very carefully as from…

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Economic Indicators That Affect your Financial Plan

Economic Indicators That Affect your Financial Plan

Economic indicator is a statistical data showing general trends in the economy. Most of us don’t know that these economic indicators affect our financial plan. Some economic indicators and their effect are being discussed hereunder:

1. Gross Domestic Product: The Indian economy is crawling with a growth rate under 5%. The Indian economy is expected to continue to be sluggish. Slower growth dents…

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WHAT TO DO WHEN YOU DON'T HAVE FORM 16?

WHAT TO DO WHEN YOU DON’T HAVE FORM 16?

First of all we must know what is FORM 16. It is the certificate of TDS issued by the employer. It is mandatory for the employer to issue Form 16 if TDS is deducted otherwise it is not mandatory on the part of employer.

Form 16 contains two parts, i.e., Part A and Part B. Part A contains the details of TAN, PAN and TDS deducted. Part B contains your salary details like Income from salary,…

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LESSOR KNOWN DEDUCTIONS AND REBATES IN INCOME TAX

LESSOR KNOWN DEDUCTIONS AND REBATES IN INCOME TAX

Here are the few deductions which are lessor known to common persons:

1) SECTION 80GG This is the deduction related to Rent paid. If your employer is not giving your HRA (House Rent Allowance) then also you can claim deduction for rent paid. You can claim deduction maximum of Rs. 2,000 per month.

2) SECTION 80E This section belongs to interest on loan taken for higher education and vocational…

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FINANCIAL TROUBLE INDICATORS

Many of us just go on saving and don’t even consider whether it is creating trouble for us or savings for us in real.

Here are the few financial trouble indicators, which, if, are there in your life then it is high alert for you:

1) High EMI on depreciating assets

2) Less savings despite high income

3) working for 3-5 years, but still have no asset

BEWARE of these few indicators and correct your…

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FINANCIAL PLANNING FOR WOMEN

FINANCIAL PLANNING FOR WOMEN

Here is the financial planning suggesstions especially for women:

1) TEENAGERS For teenagers, Sachayika Scheme for women is best as you can invest in it from your pocket money also.

2) TWENTY (20′s) For women in twenty’s health insurance and equity mutual funds are best as at this age they can take risk in investments.

3) THIRTIES (30′s) When you reach your thirties term insurance plans, mutual…

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Consequences of Delay in Filing Income Tax Return

Consequences of Delay in Filing Income Tax Return

1) Loss, other than from house property, cannot be carried forward.

2) Levy of Interest under Section 234A.

3) Penalty of Rs 5,000 under section 271F can be levied.

4) Exemptions/deductions under sections 10A, 10B, 80-IA, 80-IAB, 80-IB, 80-IC, 80-ID and 80-IE are not availabe.

5) Belated return cannot be revised under section 139(5).

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