Losing money on a stock can minimize the damage by claiming the loss as a deduction on your income taxes. Losses are bad, but our tax laws gives us a way to utilize them in a such a way that we can reduce our tax.

Section 80C is tax saving option where one can invest and claim tax exemption from income upto Rs 1.5 lakhs from your total taxable income.This Section 80C is allowed to Individual or HUF.

Home loan has tax deductions under section 80C of Rs 1.5 lakh and interest deduction upto Rs 2 lakh under section 24.

Income tax benefits are tax rebates given by the government of India to its citizens. The primary objective is to encourage long term savings, life & health insurance promotions and promoting housing through home loans.

For salaried taxpayers investment is a first option to save tax.we suggests you to be aware of many investment options that save tax available in present market.

According to section 80C, tuition fee that is paid towards full time education of your children to any university or colleges or educational intuitions in India will be eligible for tax deduction.

An entrepreneur is an individual who, rather than working as an employee, runs a small business and assumes all the risks and rewards of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business

The provisions of deduction of tax at source apply to both but in some cases it is possible to save tax through proper tax planning. “Two are better than one” the saying holds all the more true when it comes to tax saving as a couple.

Income tax exemption and 80C benefits of Sukanya Samriddhi Account was not considered while launching the scheme. However after some time Govt. has declared that deposit under SSY scheme is eligible for section 80C deduction.

All premiums paid towards Life Insurance Policies are eligible for income tax deduction under section 80C of Indian Income Tax Act. Life Insurance Premiums paid till Rs 1,50,000 each year is eligible for 80C

Losing money on a stock can minimize the damage by claiming the loss as a deduction on your income taxes. Losses are bad, but our tax laws gives us a way to utilize them in a such a way that we can reduce our tax.

Section 80C is tax saving option where one can invest and claim tax exemption from income upto Rs 1.5 lakhs from your total taxable income.This Section 80C is allowed to Individual or HUF.

Home loan has tax deductions under section 80C of Rs 1.5 lakh and interest deduction upto Rs 2 lakh under section 24.

Income tax benefits are tax rebates given by the government of India to its citizens. The primary objective is to encourage long term savings, life & health insurance promotions and promoting housing through home loans.

For salaried taxpayers investment is a first option to save tax.we suggests you to be aware of many investment options that save tax available in present market.

The CTC represents money set aside to pay salary to an employee with the addition of money for the employer's contribution to a provident fund. While this amount is technically part of the CTC, it is not directly included in the employee's salary. The same approach is applicable for the company's co


You are planning to take loan and the banker ask IT return or Form 16 as income proof and then you urgently call HR manager and start asking about Form 16 and he coolly answers that last year's was sent to you by mail, please check and you wonder what is Form 16


Come January and everyone starts thinking of investment declaration. Most of them wonder why the declaration is being asked in January by the companies/employers.


When you get Salary Statement at the end of month, you wish to get more in hand and less tax, here is cheat sheet on how to maximise salary in hand structuring salary most tax efficient way


House Rent Allowance is basically an allowance given by employer to meet the employee’s expenses towards renting an accommodation.