Every year as a salaried employee many of you must have fill Form 12BB, but did you ever bothered to know its purpose. Don’t know ?? It is indispensable for both, you and your employer. With the help of Form 12BB, you will be able to figure out how much income tax is to be deducted from… Continue reading 7 key points which must be known before filling Form 12BB
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
Ladies! Two months have already been passed of the new financial year. Don’t you think it’s high time to start investing in something that is more rewarding than keeping the money in your closet! Although men always blame women for being too shopaholic but even the legends can prove that women have always been the… Continue reading Investment options for home-makers!
[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!
We hope that you have already gone through the part one of the two blog series on tax-free income but there’s much more left then you thought, so here we have tax free incomes in store. We all love saving taxes and getting income tax refund!!! At the time of income tax filing, double check… Continue reading Tax Free Incomes – The Essential List Two
Ever cringed about the big figures of taxes deducted from your salary! Well, it goes unsaid that we all want as much cash inflow as possible when we are working and the first thing that comes to our mind is to save that tax paid “TDS”. A common man is sometimes clueless as to how… Continue reading Tax-Saving Journey of a Salaried Person
Every now and then, an occasional trade may land you on the wrong side of the share market. While it is common to bite some losses in the short term, some smart tax planning may also help you on save some taxes at the same time. The process is simple yet effective. You have to… Continue reading How you can save Tax on Stock Market Losses?
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
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
” 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