The income tax filing seasons do not usually come alone. It brings a lot of stress with it. Even though only less than 5% of India is paying the income tax, the ways you can lose your hard-earned money to income tax is too many. Fortunately, most of them are legally avoidable with the help […]
Tax planning
How can you save your Capital Gain tax? Should you need to invest in Capital Gain bonds?
Listen to this article Do you have Capital Gains from the sale of properties? If so, do you need to pay a tax of 20% or save Capital Gains tax instead? Do you think you can avoid LTCG Tax by investing in Capital Gain Bonds/54EC? Or do you think paying tax and investing further will […]
What every Non Resident Indian needs to know on their Tax Implications in India
In income tax parlance, individuals who are permanent residents of India are known as resident individuals. It is the duty of all such citizens to pay taxes on the income that they earn and file income tax return each year. However, it is the non-residents or those who are not ordinarily resident in India, who […]
All you wanted to know about Tax Exemption on HRA
Along with the rest of the country, the salaried class waits for the annual budget to be announced each year. They look up to the government to provide them with higher take home pay by way of increase in tax free income and lowering of tax slabs. They also look for some relief through savings […]
8 Simple Ways to Plan your Taxes (Updated on Dec 2017)
Listen to this article Eight Simple Ways to Plan your Taxes. You have got only a few more months to complete this financial year. Very soon you will get a call from your company to submit the proofs for tax saving investments. So why don’t you spend some time on organising your tax plan and […]
A new way to do tax planning and why hardly anyone “gets it”
It really hurts to see a large pie of the salary cut towards tax. So the obvious question in everyone’s mind is ‘How do I reduce my tax?’. Every year we are forced to invest in something which reduces our tax liability. It may be NSC…it may be PPF…it may be ulip…it may be Mutual […]
