Where did my Money Go?

  Did you just swipe off all your money? Did your credit card debt overflow? did the taxes eat up all of your salary?If you’re struggling with taxes keep reading. The Indian Tax System is insanely complex and convoluted.Add to that the salary structure of these private firms. I highly recommend you to spare some cash for a personal Charted Accountant to handle your finances.If you have multiple sources of income or assets the tax calculation  can get quite crazy.As when it comes to spending that answers your question, where did my money go? The first thing you should do is compute your percentage each month for savings, expenditure and inflow of income. Set a fixed percentage aside as savings if you want some form of financial independence at some stage in your life.   Taxes are levied by governments on their citizens to generate income for undertaking projects. It helps to boost the economy of the country and to raise the standard of living of its citizens. The authority of the government to levy tax in India is derived from the Constitution of India, which allocates the power to levy taxes to the Central and State governments. All taxes levied […]