Tax Paperwork
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Do your Tax Planning early and relax
The new financial year has began. Few weeks back many of us were scrambling to make last minute tax saving investment. This year save yourself from making impulsive tax saving decisions, plan ahead and relax. Here is what you should do for your Tax Planning for FY 2010-2011.
Beware of Tax Refund mails!
If you receive an e-mail with subjects like “Tax Refund” or “Seeking Refunds” from some unidentified sender claiming to be from Income Tax Department, beware, it is a phishing scam!
You need to keep your tax records for 10 years!
The information age has not done away with the need to keep your paperwork handy. It has only felicitated mode of storage! Much of the paperwork is connected to your income tax returns filing. For you, that means you need to be more organized with paperwork and keep them handy in physical or electronic format.
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