Along with other states, Manipur is also getting ready for the upcoming Legislative Assembly Elections. In the previous elections, Congress had won the majority and formed the government under the leadership of Okram Ibobi Singh. The tenure of this government is going to end in March, 2017 and the state will go for elections in the start of 2017 for 60 assembly constituency seats.
Government ...
Along with other states, Punjab is also going for elections in 2017. Punjab has 117 assembly constituencies and the current ruling party is Shiromani Akali Dal - Bharatiya Janata Party alliance under the leadership of Parkash Singh Badal. The tenure of current government will be ending in March 2017 before which a new government will be elected in the upcoming **Legislative Assembly (Vidhan sabha...
Section 80CCC in income tax relates to tax saving due to contributions to pension funds of LIC or other insurer. Basically, if you have invested in schemes or funds that promises a pension (or annuity), than you can deduct your yearly contributions from your total income while calculating income tax
Please note that max possible deduction under this scheme is Rs 1.5 Lakhs for FY 2016 - 2017 (...
State Bank of India has launched its UPI App (called SBI pay) on Nov 25, 2016. Currently 'SBI Pay' app is only available for android phone (ios version is blocked waiting specification from NPCI).
For people who are new to UPI, UPI stands for Unified Payment Interface and it is a new initiative from Government of India to make phone based money transactions easy and simple. Using UPI one can ...
Uttarakhand is said to be the spiritual center of India with its snow-clad peaks of Himalayas and the sacred Ganga river flowing through it. The state has 13 districts. Currently Uttarakhand has a coalition government headed by Harish Rawat of Indian ...
Humlog has been publishing articles about personal finance and related themes for some time now. Many of our readers have been asking to create a broader guide to personal finance in India. But over the time we have realized that financial schemes,regulations, and investments need to be seen in the broader context of 'living a meaningful and fulfilled life'.
We will be having a number of state elections in 2017, apart from by-polls that are held as per case to case basis. As usual, the one of the most important aspects of ensuring a fair election is to ensure that voter list is correct and up-to-date.
The standard operating procedure (of election commission of India) is to have a new voter list ready 2-3 months before the elections. This provides an...
Uttar Pradesh is India's fourth largest state area-wise and first largest population-wise with 75 districts. The term of the Akhilesh Yadav government (Samajwadi Party) will end on 27 May 2017. New government will be elected in the upcoming Legislative Assembly (...
Many of us invest in mutual funds or similar financial schemes in installments (e.g. using SIPs) and want to evaluate the performance of our investments. For example, we want to know our overall rate of return so as to compare it to with other possibilities. The standard mechanism in such cases is to calculate either IRR or XIRR.
IRR means 'Internal rate of return' and XIRR means 'Internal rate ...
While filling income tax return on IncomeTaxIndiaEfiling, one needs to fill 'Income Tax Ward/Circle'. It is also called 'your income tax jurisdiction'. Sometimes it is also required to meet or write a letter/email to income tax jurisdictional Assessing Officer (A.O.) - e.g., if you have received a notice on your past year income ...