Everyone wants to save taxes but don’t want to spend time to understand How they can do it! In fact saving and investing money is as important if not more than earning it. Keeping this in mind I have prepared a 43 slides presentation covering all sections under which you can save tax for this […]
Tax Planning: How to Save Taxes for FY 2013-14 (AY 2014-15)? Read More »
Most people believe fixed deposits to be the safest investment possible as its value never go down, there is no perceived risk of bank defaulting on payments and you can do FD online just on click of few buttons. But have you realized that investing in fixed deposit might be making some of you poorer.
How are you losing Money by investing in Fixed Deposits? Read More »
We know that we can save taxes by investing in various instruments. But a few days back I got queries on whose name can various investments eligible for tax saving investment be done. There are people who want to invest in their wife’s or child’s name or jointly and claim tax exemption on the same.
The highlight of budget 2013 for common man was the Tax Rebate of Rs 2,000 for people with income of less than Rs 5 lakhs. This has been made possible by inserting a new section 87A in the Income Tax Act of 1961. I posted the Income Tax calculator for FY 2013-14 and received a
Budget 2013: Are you eligible for Rs 2000 Tax Rebate under Sec 87A? Read More »
LIC (Life Insurance Corporation) has launched LIC Jeevan Sugam which is a non linked Single Premium Limited Period Plan. This is third plan launch from LIC in last two months. The last two launches were LIC New Jeevan Nidhi Plan [a pension plan] & LIC Flexi Plus Plan [Unit Linked Insurance Plan]. These launches are
