Bulls & Bear Hfund of India

Based on conversations with some of my salaried friends, I gather that most employees believe they don't need to file their income tax return (ITR) if income tax has already been deducted from their salaries. Most of them assume that the deduction of tax at source is nothing but their employer filing their ITR. Even retired individuals feel that as the bank has already deducted tax on the fixed deposit interest, they are not required to file their ITR. It is not so. Filing your income tax return and paying the tax you are due to pay are two different responsibilities and both have to be discharged appropriately. People are also under the impression that if I fail to file the return by July 31, I cannot do it later. In light of all this confusion, let us try and understand who needs to file income tax returns. This discussion is restricted to provisions applicable to an individual and does not cover other categories of tax payers. Gross total income exceeding basic exe...

Jio GigaFiber launch in 1,100 cities across India was the biggest event of the RIL AGM, which also saw the launch of Jio Phone 2 and a rise in Jio subscribers. A Fibre-to-the-Home (FTTH) broadband service, Jio GigaFiber has been under testing for about two years now. The service aims to deliver wall-to-wall broadband service for mobile devices; it will also work on TVs with the help of GigaTV set-top boxes and smart home devices. Those with GigaTV will also be  able to make phone calls to other TVs, phones and tablets on Jio GigaFiber networks. Jio GigaFiber After months of beta testing, Jio has now announced the official public launch of Jio GigaFiber. With claimed speeds of up to 1Gbps, Jio's offering is expected to be the "biggest greenfield fixed line broadband service" in the world, Ambani said. Jio Giga Fiber will be extended to homes, merchants, small and medium enterprises, and large enterprises simultaneously across 1100 cities. Under Jio Giga Fiber, serv...