Myfintax

21/08/2025

Stop Wasting Money! Follow the 50/30/20 Rule | Manage Your Money Like a Pro

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Want to know the easiest way to manage your money without stress? In this video, I’ll explain the 50/30/20 rule — a simple and powerful budgeting formula tha...

21/08/2025

🧾 How to Save Taxes Legally Using HUF!

Think HUF is only for the old-school rich? Think again! Whether you’re salaried, running a business, or have ancestral assets—HUF can help your family save lakhs in taxes.
✅ Learn what HUF is
✅ Who can form it
✅ Tax benefits your CA might not tell you

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21/08/2025

21/08/2025

💸 Curious how much tax you’d pay on a ₹50 Lakh salary around the world? 🌍

From high-tax countries like Japan & China 🇯🇵🇨🇳 to zero-tax UAE 🇦🇪, the difference is staggering!

Plan smart, save more, and make your money work for you. 💡

Follow for more global tax insights and financial tips!

21/08/2025

The Full Story: Online Gaming Bill and Its Big Impact

Ahmedabad, August 20 – India’s online gaming industry, once celebrated as a rising star of the digital economy, is now facing its biggest challenge yet. The government’s proposed Promotion and Regulation of Online Gaming...

21/08/2025

Proud Moment: BRICS to Trade in Indian Rupees 🇮🇳

India takes a historic step as BRICS nations agree to settle trade in Indian Rupees. This move strengthens our currency globally and reduces dependence on the US Dollar. 🌍💸

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21/08/2025

🗞MYFINTAX CHRONICLES 🗓21.08.2025

Stay ahead with your daily dose of the latest finance news with MYFINTAX CHRONICLES! Get the latest upd@Meta AI ates on economic outlook, legal developments, banking and finance, investments and innovation, financial markets, corporate watch, international affairs, and tax and compliances.

Economic Outlook

EPFO → Employees’ Provident Fund Organisation

Legal Developments

SC → Supreme Court of India

Banking & Finance

GST → Goods and Services Tax
GoM → Group of Ministers
ICAI → Institute of Chartered Accountants of India
PSU → Public Sector Undertaking (government-owned companies/banks)
NPA → Non-Performing Asset (loans that are in default)
RBI → Reserve Bank of India
MSME → Micro, Small and Medium Enterprises
NBFC → Non-Banking Financial Company

Corporate Finance

NCLT → National Company Law Tribunal
REIT → Real Estate Investment Trust
IFC → International Finance Corporation

International Affairs

EAEU → Eurasian Economic Union (Russia-led economic bloc)
FTA → Free Trade Agreement
ToR → Terms of Reference

Investments & Finance

IPO → Initial Public Offering
US → United States
VC → Venture Capital
CEO → Chief Executive Officer

Financial Markets

Sensex → Sensitive Index (benchmark index of 30 BSE-listed companies)
Nifty → National Stock Exchange Fifty (benchmark index of 50 NSE-listed companies)

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20/08/2025

Don’t File ITR Before Understanding 26AS, AIS, TIS & Form 16

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“Don’t File ITR Before Understanding 26AS, AIS, TIS & Form 16”📢 WAIT! Don’t File Your ITR Yet!Before hitting that "Submit" button, make sure you understand ...

20/08/2025

🎮 Online Gaming Bill 2025 – A ₹2 Lakh Crore Industry at Risk!

India’s Online Gaming Bill 2025 could ban real-money games, threatening 4 lakh jobs, ₹20,000 crore in taxes, and big startups like Dream11 & MPL. Regulation or prohibition—what’s next?

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20/08/2025

ITR-3 Filing Made Simple for AY 2025-26 ✅

Confused about which ITR form to choose? If you have business income, trading gains, or high-value assets, ITR-3 is for you. Learn key changes, deadlines, and eligibility now!

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20/08/2025

GST 2.0: A Landmark Reform to Strengthen India’s Economy

India is on the cusp of a transformative phase in its taxation system. On the 79th Independence Day, Prime Minister Narendra Modi announced the next generation of Goods and Services Tax (GST) reforms—popularly termed GST...

20/08/2025

💸 What’s Getting Costlier vs Cheaper in Your Daily Life? 🛒

📈 Costlier:
👉 Oil & Fats (+19.2%)
👉 Personal Care Products (+15.1%)
👉 Fruits, Snacks, Health, Education & more

📉 Cheaper:
👉 Vegetables (-20.7%)
👉 Pulses (-13.8%)
👉 Spices & Meat/Fish

Rising prices impact your monthly budget directly – smart financial planning is the only shield! 🛡️

👉 Follow for practical finance tips, tax hacks & money-saving updates! 🚀