All about Tax Saving
From FY 2020-21, an individual can continue with the old tax regime and avail commo...
Here is a quick look at how you can save tax by using various deductions allowed un...
Here is a look at expenses/deductions which can be used to reduce tax payable under...
Did you know you that can claim tax deduction on stamp duty? Here are other tricks ...
If a taxpayer has exhausted the limit of Rs 1.5 lakh under Section 80C of the Incom...
- Podcast: All you need to know about section 80C of the Income-tax Act
- How private sector employees can avail tax benefit in LTC Cash Voucher Scheme
- Tax saving: How section 80C of the Income-tax Act works
- A quick guide on how to save tax in a financial year
- 7 lesser-known investments, expenditures eligible for tax breaks
- Best tax-saving options: Comparison, ranking of top 10 instruments
- How many tax-saving ELSS mutual funds should you have in your investment portfolio?
New to the working world and tax-saving? Here's help
Many young earners are left confused as to what the tax-saving exercise entails. In this video, Shambhavi Mehrotra of ET Online sheds light on how young salaried taxpayers should go about the process, what are the tax-saving investments and expenditu...
How to get a double benefit on your tax-saving this FY
While choosing the right tax saver, among several other factors such as safety, liquidity and returns, make sure you understand how the returns would be taxed. If the income earned is taxable, the scope to make money over the long run gets constraine...
Tax saving checklist: 5 facts you need to remember
January to March is the time when we finish our tax saving exercise. Have you calculated your tax liability correctly? Have you entirely used the tax breaks offered under Section 80C? These are some of the critical questions you need to ask yoursel...
How a salaried person with Rs 7.75 lakh income now pays z...
Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY20...
- 3 loan arrangements via your spouse that can help you save tax
- 4 smart tax-saving money moves
- 3 ways your parents can help you in tax-saving
- How to save tax via NPS investing in the new income tax regime
- 4 expenses to help you in tax-saving under section 80C
- You can get tax benefit on the money you have donated during the year
- When do you need to pay tax on your EPF?
- All you need to know about Sukanya Samriddhi Yojana
- 6 fixed income investments to cut your tax outgo
- Smart things to know about taxation of equity-oriented MFs
- How your mutual fund investment is taxed
- Taxation of debt mutual funds
- 5 online options for last-minute tax-saving
- How to get an income tax e-refund
- Things to know about section 80C of the Income Tax Act
- Things to know about tax-saving fixed deposits
- 5 taxable allowances for employees
- Documents to collect before this FY ends
- 7 tax-saving options for risk-averse investors
- How to make payment of TDS on sale of property
These schemes are equity-oriented schemes and are specifically designated as tax saving schemes known as equity linked savings schemes (ELSS).
Until the ratio between the premium and the sum assured is met, you may not be able to avail tax benefits on your policy.
Here are a few expenses that come with tax advantages and will help you neutralise your tax outgo for the current financial year.
Here are seven fixed-income, tax-saving avenues for someone who does not want to take much risk with their investment and want just assured returns.
Up until FY 2011-12, women and men had different income tax slabs with women having to pay slightly less income tax. However, from FY 2012-13, this was done away with and tax slabs for men and women were made the same.
Here is a look at the minimum amount you need to invest in some schemes to keep them active and what happens if it is not done.
Eligible payments include life insurance premium, principal repayment of the home loan and children's tuition.
Though there are no major changes in the new Sukanya Samriddhi Yojana scheme rules 2019, however, you should know about the small modifications that have been made. Here are five changes that have been made to the Sukanya Samriddh...
As your income level increases, income at different levels will be taxed at different rates which are called the slab rates. To know how much is your income tax liability in a financial year, it is important to know which incom...
But before you get down to choosing a tax saving investment you should probably first calculate how much you need to invest to save tax.
ELSS tax saving mutual funds have been getting traction in the past few years as individuals are becoming more aware.
Since the Public Provident Fund (PPF) has a long tenure of 15 years, the impact of compounding is huge, especially in the later years.
Backed by the government, the scheme offers capital protection, along with quarterly interest payment as a source of income.
LTA exemption is available for 2 journeys in a block of 4 yrs. While the current block is 2018-21, one can carry it forward to the next block year.
The equity-linked savings scheme (ELSS) is a product where you can make online investments up till 3PM on the day when stock market is open.
Most people invest in life insurance policies, PPF, ELSS in order to avail this deduction, but there are other options too worth considering.
Here's how you can save on tax without locking away your money in long-term investments and without putting a dent in your wallet.
The scheme allows premature exit during the policy term under exceptional circumstances like the Pensioner requiring money for the treatment of any critical illness of self or spouse.
If your net taxable income exceeds Rs 5 lakh by even Re 1 then you will be ineligible to avail a tax rebate.
The EEE status of the scheme may not be a good enough reason to invest in it. Read on to find out if you should put your money in the scheme or not.
It's always better to plan your tax saving investments in advance than make the wrong moves at the fag end of the financial year.