A very friendly and upcoming option is e-filing. Now there are very intuitive tax applications which offer you live chats and help/tutorials in helping you to file your taxes online. It also gives you an opportunity to learn a bit of your finances yourself. I mean by doing it by yourself, you learn a lot about your finances and how you can improve upon it.

I am happy to inform that InvestmentYogi’s tax application TaxYogi has been specially white labeled for my blog/website readers. Take a look.

You can experience an intuitive and step by step process for preparing and e-filing your return. The tax filing online also gives you tips for tax planning for the future.

Bindisha Sarang, LiveMint has reviewed all the tax filing applications in India and she rates the Taxyogi application “Excellent”. Check out Bindisha’s review here

All you have to do is:
Register yourself [Click here]
Prepare your Tax Return online
File your Return online

You do not need to know any tax laws, sections etc. It is as simple as filling up any online form!And as Bindisha says, “The biggest advantage of doing it yourself is that you get involved in your own financial life”.

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• How long will it take to become a crorepati?
• Check out your Tax Liability
• Suggestions for controlling cost of your investments
• The fundamentals of Asset Allocation

We now have 4 more calculators on our website which calculates

• the amount of Insurance you need,
• the present value of your future returns,
• the effect of inflation and
• when you will be able to become a crorepati!

Check them out and let us have your feedback and suggestions

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Your personal finances also falls within the above concept. How do you know whether you are doing well with your personal finances or not?

So there are tools and calculators available which can help you with a self analysis and provide a road map for your finance decisions.

The following spreadsheets which I have done on Zoho , which has a suite of online web applications offering easy collaboration.

• Monthly Budgeting Worksheet
• Financial Freedom Calculator
• Networth Template
• Benefit of starting early

Zoho is really amazing and I found this excerpt about them:This is the only real “little guy” on the list. I’ve written about the fact that Zoho already has an online office suite that is better than anything from Microsoft or Google. While the product is really good, what has been equally important for Zoho is that it has proven that it knows how to execute. Microsoft got to where it is today because it was faster and more effective at executing than any of its competitors

The advantage of these sheets is that while you can toggle with your own case figures in the sheet online and they will return with the figures for your case in a jiffy. And you can also download them for free if you really like them! We’ll be happier if you spread the word to your friends.

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