Category: Income Tax Saving
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7 key points which must be known before filling Form 12BB
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…
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Investment options for home-makers!
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…
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How you can save Tax on Stock Market Losses?
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…
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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…
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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…