Posted in Save Tax

Your senior citizen parents’ medical bills can help you save tax: Here’s how

Can’t buy health insurance for parents and don’t have money to invest under section 80C for tax saving? You can still save tax under section…

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Posted in Save Tax

A visit to a medical lab or diagnostic centre can help you save tax; here’s how

This is a yearly phenomenon that happens at the end of every financial year. All kinds of financial service providers – right from banks to…

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Posted in Save Tax

Here’s how to use insurance plans to save income taxes

Two is always better than one, without any doubt! Insurance policies contribute to the dual benefit of meeting your long-term financial objectives and also act…

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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

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

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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Posted in Save Tax

Personal taxes that changed in 2018: Here’s how it’ll impact your savings

As 2018 ends its time to rethink your personal finances and start preparing to save money on year-end taxes. This is also a good time…

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