We all give considerable thought to tax saving. This is an important aspect of financial planning. You must consider Life Insurance policies, a Health Insurance policy, for you and your parents, and pension plans and you can save on taxes. This is your quick guide to understanding how you can save taxes with insurance products. Read on to learn the basics and know how it works.
This is your go-to guide to National Savings Certificates. A savings scheme that gives you guaranteed returns and tax benefits, National Savings Certificates are great if you’re looking for investments with a maturity period of 5 or 10 years. If you want to compare National Savings Certificates with the Public Provident Fund, we’ve done that for you too. Read on and decide the best investment option that would suit you.
Tax exemptions are the government’s way giving you a little bit of a relief from paying a third of what you earned. India’s taxation system is quite notorious for its complexity, however, tax exemptions are available in every nook and corner of serious expenses if you look closely enough, such as healthcare, education, banking, insurance and so on. Read on to know more.
The National Pension System is a defined-contribution pension scheme operated by the Government of India. This scheme offers a wide range of investment options for the benefit of employees. The NPS allows employees to decide how and where their pension is invested.
Here’s how you can become a king at restructuring your salary, calculating tax and get the best tax saving toppings. Find out more from Restructure Your Salary and Solve the Tax Liability Puzzle
India Gate in Delhi and the Gateway of India in Mumbai get visited by almost every tourist in the city. But, they miss out on great sights and good food when they concentrate only on the popular spot. Similarly, when it comes to tax strategies and tax savings instruments for most of us are centred… Read More »
When Frank Sinatra sang ‘Fly me to the moon…’ he probably wasn’t thinking that we humans would actually make living on the moon possible. Although that plan is for a couple of years away, you could always start saving up to make it to the moon. Tax saving investment plans could just be the… Read More »
When it drizzles, a hanky over your head probably suffices. When it pours, you probably pull out your umbrella. But, when it is pounding, you’d better pull on your rain-sheeter and scramble for the nearest cover. Insurance is no different. Here are some good God-given reasons why you’d re-evaluate how much cover you need. Increasing… Read More »
Choosing an insurance plan is like ordering with friends at a restaurant – the most popular person’s choice prevails.You perhaps do your own research, but end up choosing a plan that your friend has purchased. Does this sound like you? Well, it’s a golden rule of investing that what’s good for your friend may not… Read More »
Humankind has spread its wings and made the moon its second home. While there are no tax implications of that (not yet at least!) there certainly are tax implications on your second home here on earth. We unlock the tax dreadlock for you. Tax implications for multiple properties Before getting into the details of tax… Read More »