Documents Required for Income Tax Return (ITR) filing in India

Is ITR filing really that cumbersome process?? Well if you ask me it’s not really so..Here is a checklist of the most important documents for filing income tax return (ITR), to have on hand before you start filing your Income Tax Return. Keep these close and have a hassle-free ITR filing experience. Read how!! Common… Continue reading Documents Required for Income Tax Return (ITR) filing in India

How To PAY ZERO TAX on Income of 18 lakhs in 2019-20? -THE VIDURA WAY!

Zero Tax

[mmtl-row][mmtl-col width=”1/1″][mmtl-text] Amazed? This is possible if you take the right approach while dealing with your taxes. Today we will show you the secret “The Vidura Way” of how to pay ZERO TAX on the income of Rs.18 Lakhs! (Tax Calculation has been done as per the Finance Act 2019 i.e. for F.Y. 2019-20) Here… Continue reading How To PAY ZERO TAX on Income of 18 lakhs in 2019-20? -THE VIDURA WAY!

How Family Members Can Save Income Tax In India

We all understand the importance of family. Family members provide crucial support at all times whether it is emotionally, mentally or financially. But we almost always forget the importance of family members while planning our taxes. Taxes can be saved in an effective and completely legal manner by allocating some of our incomes and expense… Continue reading How Family Members Can Save Income Tax In India

SECTION 80C – INVESTMENT TOOL TO SAVE TAXES

With every new year comes new joys, new wishes, and new hopes coupled with new responsibilities. Thus financial planning for oneself and for our family is the concern for all. There are many people who are not aware of the basic planning requirements.Thus, for the best investment , Section 80C plays a vital role. Further… Continue reading SECTION 80C – INVESTMENT TOOL TO SAVE TAXES

LTC: Plan holidays during the year, save taxes at the end of year

” I am so tensed. My children are continuously forcing me to take them for holidays. But I am worried about the expenses to be incurred. Although I can manage accommodation and other expenses thereon but travel expenses shall affect my budget badly.” Many of us who are salaried face the same dilemma . In the… Continue reading LTC: Plan holidays during the year, save taxes at the end of year