Tax Deduction of Tution Fees.

  Tax Deduction on Tuition Fees under Section 80C Section 80 C of the Income Tax Act has provisions for tax deductions on tuition/education fees paid by a parent towards educating his/her children. Taxpayers can avail of deductions up to Rs 1.5 lakh under Section 80C with other investments also eligible for this rebate. Parents can claim the tuition fee paid by them towards their children’s education as deductions, ensuring that they save TAX even if they don’t have other tax-saving instruments. Parents can claim the actual fee paid by them in a particular financial year. Tuition Fees Eligibility for Tax Deduction under Section 80C Claimant Eligibility: Only parents or legal guardians can claim this deduction, which also extends to fees paid for adopted children. Individual Assessee: This deduction is exclusively available to individual taxpayers. Hindu Undivided Families (HUFs) and corporations are not eligible for this deduction. Number of Children: Each parent can claim this deduct

How to Avoid Falling into the Credit Card Debt Trap?

  How to Avoid Falling into the Credit Card Debt Trap? Did you know the interest rate that credit card companies charge?  It's roughly about 42% per annum.  It is an insanely high. Let me share an example of one person who had an outstanding bill of Rs 1,51,460 but somehow he missed Rs 60 and paid only Rs 1,51,400.  In the next billing cycle, he was charged Financial charges of Rs 6349.  Now he was shocked and being into banking he was able to do the reversal of the charges but think about it what if it was you or your family? How these credit card companies work: You can use credit cards either online or offline and they give you free credit from 20 to 50 days depending upon the card.  Then they bill you for the purchases made and give you the due date before which you have to pay the total due or minimum due, In case you fail to pay by the due date there are 2 charges they levy one being the penalty and the other being the interest.  And they will keep charging you interest for a

Listening is an art that is missing these days.

  Listening is an art that is missing these days. Active listening is a crucial skill that goes beyond simply hearing what someone says.  I was unwell and had lost my voice for almost a week.  Now I am much better but I couldn't speak and whatever little that I spoke was very painful like a needle poking in my throat. I realized that people were not able to understand that empathy was missing or they were too focused on what they had to say, they kept calling me despite messaging them that I couldn't speak. Also whatever little that I spoke to a few people they didn't want to give me a chance to even complete my sentence and before that they would give their views. Just a HUMBLE request to people to start listening to at least your near & dear ones.  Maybe there will be less stress in your life. following are the benefits that I could think of 1) Better Emotional connection 2) Less Misunderstanding 3) Deeper understanding 4) Reduced Stress 5) Reduced Conflicts 6) Better

What is your Money KArma

  "WHAT IS YOUR MONEY KARMA" This song by Taylor Swift " KARMA" teaches us a big lesson about Karma. We all have learnt from our childhood that don't say bad things and don't do bad things but how many of us really follow? "Karma, the intricate web of cause and effect woven by our actions, holds a profound influence on our lives. What we sow, we inevitably reap. Whether through kindness or malevolence, our deeds reverberate through time, shaping our destiny. Negative actions, thoughts, or intentions, if left unaddressed, can taint our path, leading to a life marred by unforeseen consequences. The repercussions of our actions, often unforeseen but deeply felt, serve as a reminder that every choice bears a weight that echoes in our lives. Embrace positivity, sow seeds of kindness, and nurture a life that blossoms with the harmony of good deeds. Let us tread consciously, for our karma is the artist painting the canvas of our existence." Understanding