Tax Saving

Effective tax planning is essential for reducing tax liabilities and enhancing income. The Income Tax Act outlines various deductions for investments, savings, and expenses incurred during a financial

They remain attractive for investors having higher risk appetite and longer horizon

Tax planning is your weapon to dodge tax bullets and boost your bank balance. The Income Tax Act offers numerous opportunities for your investments, savings, and expenses. Take a look at the schemes

Fund pick: Franklin India ELSS Tax Saver

Lifestyle-based checkups including diabetes, vitamin deficiency and hair fall, apart from comprehensive full-body checkups, are the most preferred by Indians

Documentation of the loan agreement is crucial to avoid treatment as gift

If you are a salaried employee and want to save your money, here are the 10 ways to save your financial tax under Income Tax, 1961

An effective tax-saving strategy involves transferring funds to your parents, especially if they are in a non-taxable or lower tax bracket

Form 12BB, a key investment declaration document, can be used by the employees who fall under the taxable income bracket to claim deductions

Transaction costs, price fluctuations may nullify the benefits of this exercise

What tenants should ask from landlords in rent agreements; how to bring discipline in your market play. Our newsletter explains

When an employer when employees a person, he specifies his cost to the company (C.T.C). It means that the organization is going to spend that much amount per year to employ that person

From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses

Before investing in any tax-saving products, investors need to be aware of mis-selling strategies and must do their due diligence

An ELSS as a tax-saving option is mostly preferred by younger taxpayers

Like every year, multiple suggestions come in from citizens on MyGov, some reasonable, others clearly whacky

For investments made after proof has been submitted to the employer, claim refund in ITR

Some see potential in the newly introduced passive option, other see promise in active ELSS