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Of course, YES! If you're making big money, you would have to share a part of it with the government. Understand that there's a difference between the liability to file your income tax return and discharge of tax liability. When your employer deducts tax from the source (TDS), you're discharged of tax liability. However, you're still tasked for income tax... Read More

By Preeti Taneja (Entrepreneur)

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How do I buy LED TV with Bajaj Finserv EMI Card?

Anonymous | Posted 8 Hours ago

Of late, LCD TVs are quite popular among the people. Everyone wants to go for them especially because of the upcoming Cricket World Cup 2019. As India is the cricket crazy nation, it is the right time for the retailers to cash in on this opportunity. Now, Bajaj Finserv has also partnered with more t ..Read More

By Shailendra Kumar (Finance Advisor)

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What is a Deferred Tax Liability and what is its purpose?

Rohit Valiyan Cashier ( Kotak Mahindra Bank ) | Posted 25 Oct, 2018

What is a Deferred Tax LiabilityA deferred tax liability is a tax that is assessed or is due for the current period but has not yet been paid. The deferral comes from the difference in timing between when the tax is accrued and when the tax is paid. A deferred tax liability records the fact the company will, in the future, pay more income tax because of... Read More

By Prajval Gupta (Student)

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Which credit card is best suited for travel?

Anonymous | Posted 06 Mar, 2019

Travel Credit Cards Travel credit cards offer valuable rewards for all, whether you travel for business, pleasure, or both. Excellent perks like free checked bags or complimentary airport lounge access are the standard - both enticing and well worth it. From points and miles to luxury perks, these ..Read More

By Prajval Gupta (Student)