Posted in Save Tax

Your parents, wife and children can help you save taxes. Here’s how

School fees paid for your children’s education is eligible for deduction under section 80C of the income tax Act. When it comes to saving taxes…

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Posted in Save Tax

Want to reduce your taxable income to Rs 5 lakh? Here’s a list of all deductions you can claim

Contributions made to notified relief funds and charitable institutions qualify for deduction under section 80G. Interim Budget 2019 has proposed rebate under Section 87A on…

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Posted in Save Tax

Filing income tax returns? 4 lesser known ways to save tax. Check details here

Home loans, not just when they are sourced from banks, but also from parents are eligible for tax deduction benefits under Section 24B for the…

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Posted in Save Tax

Explainer | Should you invest more than Rs 1.5 lakh in tax-saving funds?

Tax saving mutual fund schemes or equity linked saving scheme (ELSS) are one of the most preferred options to save tax for most individuals. It comes…

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Posted in Save Tax

Budget 2019: Here’s how much tax low, middle and high income groups save

The interim budget has proposed to give full rebate to those earning up to Rs 5 lakh a year. This will send an estimated 3…

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Posted in Save Tax

80C: Tax hacks at the 11th hour

Mumbai: Are you rushing to do your tax saving investing? Most salaried individuals, who have not yet invested in tax saving instruments, would be in a…

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Posted in Save Tax

Want to save tax? Get the most out of your HRA and second home

A house can be a fairly important tool for saving tax in India as you can avail attractive tax exemptions. This is irrespective of whether…

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Posted in Save Tax

What is tax planning and when you should start tax-saving investments

Normally, the HR department accepts tax-saving proof till the first week of February and that is when the investment activity gathers steam. DNA Web Team…

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Posted in Save Tax

Saving income tax: ‘Focus on choosing the right product; NPS a good long-term bet’

It’s that time of the year when we get knocked around by accounts department for proof of tax-saving investments in eligible instruments under Section 80C, Section 80D,…

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Posted in Save Tax

These new tax laws allow you to save more tax in FY2018-19: Here’s how

Budget 2018 introduced certain changes in tax laws that allow you to save more tax than you could in previous years. Here’s a look at…

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