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  • Homec > Tax

Tax

  • How does NPS help in saving income tax?

    How does NPS help in saving income tax?

    One of the important benefits of NPS is tax saving. In this you can save tax while saving for future. How to save tax on your contribution in NPS scheme? In which tax regime will tax exemption be available and under which section?

  • How much tax GoI recently waived-off?

    How much tax GoI recently waived-off?

    The GoI recently waived-off pending taxes for FY2011 and from FY2011 - FY2015.

  • Tips to save tax without making any investment!

    Tips to save tax without making any investment!

    Most people utilize Section 80C to its fullest by investing in schemes like PPF, NPS, and ELSS.

  • How can you save income tax without investing!

    How can you save income tax without investing!

    Most people try to save a lot of tax under Section 80C by investing in schemes like Public Provident Fund (PPF), National Pension Scheme (NPS) and ELSS. However, we forget such tax saving methods which can help in saving tax without investment. Lets find out which are those?

  • Gave political donation to save tax? Now how will you avoid IT notices?

    This Donation Can Prove Costly!

    The IT Dept has tightened its grip against those who evaded tax by donating to small political parties. Notices have been sent to about 5,000 taxpayers. How was this whole game of tax evasion going on? How did Income Tax come to know about this? What things you should keep in mind while you claim tax deduction on donations?

  • Tax waiver of Rs 1 lakh for 1.11 crore taxpayers

    Tax waiver of Rs 1 lakh for 1.11 crore taxpayers

    According to Central Board of Direct Taxes (CBDT), the cap of Rs 1 lakh includes wealth tax, gift tax and income tax. It is not only pertaining to income tax.

  • How much tax is levied when you switch mutual fund schemes?

    How much tax is levied when you switch mutual fund schemes?

    Many people transfer money r\from one mutual fund scheme to another.

  • How can you claim HRA deductions on rent paid to your father?

    Get Tax Breaks 0n Rent Paid To Spouse!

    The time has come to give account of the savings you have made to save taxes in the financial year 2023-24.

  • Tricks to save tax in Old Tax Regime!

    Tricks to save tax in Old Tax Regime!

    There is a lot of confusion regarding difference new and old tax regime. Let us find out tax benefits you get in the old tax regime. How much tax can you save?

  • Tax revenue target might be relatively modest in FY25

    Tax revenue target might be relatively modest in FY25

    For the current fiscal year, the Centre has budgeted a net tax revenue Rs 23.3 lakh crore.

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