Complete guide on Tax Saving Deductions on Medical Insurance
Many myths prevail in air
when it comes to finance and insurance related matters. One of the main reasons
for such misunderstanding is the lack of complete knowledge about the financial
and...
How to Claim Income tax deductions even if missed in Form 16
All salaried
employees who fall in the tax bracket as per the slabs set by the Income Tax
Department are eligible to get a Form 16 from their respective employers. It...
How ELSS is a good tax saving option
Many specialized financial products are available for investing your hard earned money in. One such product is the Equity Linked Savings Scheme which offers both tax benefits as well...
How to Invest and avoid taxes in Minors Name
Any child who is less than 18 years of age is considered as a minor for tax calculation purposes. If you have a child who is a minor, his income is...
5 Partially taxable Salary components You Must Know?
Many salary
components are fully taxable and some are partially taxable. Partially taxable
components gets that name due to the demands it needs to satisfy on the
taxation aspect. Let us have...
22 Tax Saving Options You should Know
PPF – Public Provident Fund
Bit confused? Well, it will be a lot easier if you enlist the professional assistance of the financial consultants in india.People can...
Understanding the new tax regime – 4 key considerations before switching to new tax...
The Indian government has recently introduced offers taxpayers the option of choosing between the existing tax regime and the new tax regime. However, before switching to the new tax regime, taxpayers...
A Guide to Advance Tax Payment in India
What is Advance Tax?
Advance Tax is a method of spreading out the payment of income tax over the course of the financial year, rather than making a single payment at the...
The Impact of the New Tax System on Taxpayers: What You Need to Know
The recently implemented tax regime in our country has both advantages and disadvantages that can affect various stakeholders. Let us examine some of these benefits and drawbacks.
Advantages:
1. Simplification of tax structure :...
