budget

Top 10 Things You Need to Stop Buying to Stop Wasting Money

There are three ‘R’ in Reduce, Reuse and Recycle. Today we will talk about reduce or items you do not need to buy yet you still do. In the age consumerism, it is easy to see why we fall prey and spend money on things we do not usually need. It might be better to know some things that you do not need but you buy. Maybe then we will stop buying them?

Read more

What is Education Cess and Why Higher Education Cess Tax Imposed in India?

The Education Cess is a tax in India, which is imposed to help to cover the expenditures of sponsored programs or schemes by the government. The education cess tax was imposed in 2004. The rate of tax is 2% of income tax that is the amount of payable tax. It is collected independently of other taxes and it is given to help to all Indian citizens. Every time when you pay taxes you will see the total tax payable amount will go up tiny higher at the time of final payment. This increased percentage amount is the education tax, which is imposed in the direct taxes.

Read more