Time plays a crucial role while planning for the tax savings. In case if you have still not opted for the tax planning for the current financial, then it’s the right time to move ahead. Please take your steps forward for your savings. You should have the knowledge with regards to income tax, due to which you could get benefits. You should be aware about what kind of investment and expenses which you make are going to be subjected to income tax. If you are having the sound knowledge which regards to the numerous sections, then it could be beneficial for an individual as well as companies. Over here you would be presented with the appropriate information with regards to savings. There are wide ranges of categories which are mentioned, as Section 80C (under this section the amount limit is 1,50,000). In simple terms, one could claim a deduction of almost Rs. 1,50,000 from total taxable income under specific section. Read here helpful articles related tax savings and deductions which can help you to save money.
Section 80D- Tax Savings on Health Insurance Nowadays, it is common for families to opt for all kinds of insurances. The fact that it gives a kind of assurance to the […]
Tax Savings on HRA There are various avenues from the government to save tax on the income. The deductions allowed are on investments in instruments allowed in Section 80C, Section […]
Tax Saving Options in 2017-18 Knowledge about income tax deductions is not only helpful for individuals but also for Companies, Individual firms and a Hindu United Family (HUF). You would […]