Welcoming Financial Year 2020

Financial Year is a period used by government for accounting, budget and taxation.Our financial year starts from 1st of April and ends at 31st march.

Financial year in case of individuals are used to assess the income from various sources and to pay taxes to government.

Mentotax recommends the following for the new financial year:

1. Earn, save, invest and then spend.

2. Increase your SIP (Systematic Investment Plan) by 10% from the last year

3. Declare the Tax exemptions to the employer in April itself to avoid deduction of TDS. Money today is more valuable than Later.

4. Plan your budgets alligned with your finances

5. Repay your debts, will make you financially independent.

6. Start building your Emergency corpus.

7. Get yourself and family covered with Health and Life Insurance.

8. Start investing based on your Life Goals.

Don't Worry!! Mentotax is here to guide you.. We together can welcome FY 2020 with lots of hopes and aspirations.

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