Why exhausting Rs.1,50,000 under Section 80C makes for a good idea
Income tax you pay depends on how much you make in a year. An investment of Rs.1,50,000 under Sectio...
Tax implications of Investment & Redemption of ULIPs
Investments in ULIP come with tax benefits both at the time of investment as well as on maturity. Ta...
No limit on deduction for money paid to a Political Party
Under section 80GGC deduction is allowed to Individuals (other than a company) for donations made to...
PPF vs. Sukanya Samridhi Scheme
Which investment scheme should you pick for your girl child? PPF has always been the go-to investmen...
Tax Savings and Benefits in Budget 2015-16
The FM has extended tax concessions mostly for senior citizens in this Budget without doing any chan...
Hardly any new exemptions in Rs 4,44,200 that FM spoke of
Our FM had delivered his bag of tax goodies last year in the form of a higher exemption limit and a ...
Section 80TTA Deduction- Interest on Bank savings deposit
Section 80TTA is introduced with effect from April 01, 2013 and will apply from AY 2013-14 and...
Life Insurance policies and Income Tax
There are several tax implications when you buy a life insurance policy, let’s have a look. Deduct...
Will the FM raise the Section 80C deduction limit?
Household financial savings are the largest contributor of overall savings in India. The money that ...
Understanding RGESS under section 80CCG
Deduction under Section 80CCG Deduction under section 80CCG or Rajiv Gandhi Equity Savings Sche...