Tax Saving Schemes

Union Budget 2024: Standard deduction represents a portion of the income that is not subject to taxation; it serves as a comprehensive allowance for tax deductions available to salaried employees

Mahila Samman Savings Certificate can be applied by women for personal investments or by guardians for minor girls.

Even ELSS, being an equity fund, should be purchased with minimum seven-year 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

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

The Finance Commission is a constitutionally mandated body established once every 5 yrs to devise a formula for distributing net tax proceeds between the Centre and the states

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

This week we tell you how making charitable donations can help in your taxes and the health effects of room heaters

The funds you put in must will be locked up for a period and may not fetch quick returns

This week we explain what a tax-saving investment must do and how to read the fine print of pension plans

When asked about the reason for the choice of the old tax regime, 43 per cent of taxpayers cited lower tax liability as the primary reason

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

With premature withdrawal being difficult, opt for it if you won't need the money till retirement

Not to overshoot FY24 net borrowing target of Rs 11.8 trillion

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

Mutual funds like ELSS are an easy way to save on income tax under Section 80c while reaping handsome potential returns on investment

If you wish to save to save taxes, some experts might suggest you invest in ELSS. But what are these? Listen to this podcast to know.

Ensure that such investments are in sync with your asset allocation and are not done hastily