My Journey

I have made all the calculations; fate will do the rest -(Napoleon)

Monday, February 07, 2005

March Blues .....

Well once again March is round the corner and the financial year is coming to end.Newspapers are full of ads with those instruments where you can invest to save your tax.So now i also need to ascertain how much tax i have already paid what can i do to save few bucks of my hard earned money?

Well this time i need to file two returns one for Finnish tax system and one for our own Indian Income tax deptt.But in Finland there is no trouble as there is no way i can save tax so no trouble to choose where to invest and here we have Deloitte which will file our returns.But for India i am still undecided where to invest in NSC or PPF or Bonds..uff ...

One thing is good that now everything can be done online i can buy insurance and Bonds online.There was news that NSC's would now be available in demat form ..hmm need to check out India post site.Well the news also is that assessee in some of the cities in India can file their IT returns online and Bangalore is one of them anway there is lots of time for filing IT returns officialy it is July 31st but every year it is extended.

Just now saw one article about consideration of taxing perks in the coming budget,perks as negligible as free lunch in office...it seems salaried class are the perfect choice for any FM to milk ..i will save my comments for this contentious topic after budget is presented.

Last year i got my refund peacefully lets see whether this year i get some scope for getting any refund or not.

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