Posted in Save Tax

Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via perks, NPS

Hyderabad-based software engineer Ganesh Karthik pays a high tax because his pay structure is not tax friendly. House rent allowance is the only tax-free portion of his…

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Posted in Save Tax

How much tax can you save via tax saving investments, expenditures?

While doing your tax saving exercise you should be aware of the amount of tax you are likely to save from all your tax-saving investments…

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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

How to save tax? What you must do and get from a 5 Year Tax Saving Fixed Deposit

As we all know that individuals earning more than Rs 2.5 lakh are required to file income tax return each year. Financial year commences from…

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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 Tax Return

Income Tax Return (ITR) filing: Your salary structure decoded – Know how much you can save on taxes

Every salaried employee is liable to pay taxes to Income Tax Department! However, the HR department of almost every company designs the salary break-up in…

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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

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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