Tuesday, November 24, 2015

Tax Returns Filing Pre-filled forms

 
Pre-filled forms for easy tax filing


As part of efforts to popularise the electronic mode of filing income tax returns (ITRs), the Central Board of Direct Taxation (CBDT) is planning to provide `pre-filled' return forms to filers. These will have an automatic uploading of data on income and other vitals of a taxpayer.

The apex policy-making body of the IT department is actively working to ensure that this customer-friendly measure can be launched for taxpayers from the next financial year. The move comes in the backdrop of the new e-filing system put in place in August, which allows online verification of an ITR by using the Aadhaar number, Internet banking, or ATM, among others.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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