Posted in Save Tax

How To (Successfully) Change Your State Domicile To Save On Taxes

The Trump Tax Plan (aka Tax Cuts and Jobs Act or TCJA) was supposed to make filing taxes simpler and cut the tax bills of…

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Posted in Save Tax

Want to Save Your Taxes? Here are Top 10 Investment Options

It is that time of the year again when salaried taxpayers start looking for avenues to invest their money to primarily save tax, while also…

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Posted in Save Tax

Insurance: It’s unwise to buy plans just to save taxes

Mumbai: It is quite common to see a growth spurt in the sale of life insurance policies during the last three months of a financial year. This happens…

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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

Year 2018 in review: LTCG, changes in direct taxes and a late NPS bonanza

S Vasudevan  and Bharathi Krishnaprasad As the curtains draw on yet another year, the Cabinet’s recent move to make amounts withdrawn from the investment made…

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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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Posted in Save Tax

Invest wisely: Plan your finances better to save taxes

The sheer utterance of the word “tax” emits a negative feeling in most people. Not only in the realms of the real world, but in…

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