COVID-19 has been the biggest dampener for all of us in 2020 making us all eagerly waiting for the countdown to 2021 to begin.

However, does just the change of year give us an assurance that the virus will disappear and everything will be back to normal? It definitely does not, isn’t it?

The whole climate of uncertainty that this deadly pandemic has ushered in our lives, we are longing for someone or something to re-assure us that at least we are protected to a certain extent financially against the medical exigencies that loom large over our heads.

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Who doesn’t like to do things on their own? What if I told you that you can manage your wealth on your own without depending on the cost of engaging any portfolio manager?

Tata Capital, the financial services arm of the Tata Group has actually allowed you to do this.

The smart and simple but exclusive digital wealth management Do- it- Yourself App called Moneyfy provides an array of wealth management services which includes investment in SIPs and MFs, assisting in financial goals, and even buying insurance and availing loans.

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Uploading or submission of your Income Tax returns (ITR) on the Income Tax e-filing portal does not complete the process of your filing.

After you have uploaded or submitted your ITR on the portal, you get 120 days to verify your return. If you fail to verify your tax return within this stipulated time, then it is considered invalid as per law.

A return may be verified either by sending a signed copy of ITR-V to CPC (Centralized Processing Centre), Bengaluru through speed post/ordinary post or by e-verification through online modes. 

There are 6 ways to verify your income tax return. Out of these, five are electronic methods and one is a physical method.

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Replies: 14