A tax plan is not only to save taxes, it should also assist you in achieving your other financial goals such as buying a home, a car, children's education, retirement to name a few. Here are some top ways in which you could plan for your tax savings
Because they can easily find them out by analysing your financial transactions.
Many investment options once seen as safe havens are presently out of sync
Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.
Equity investing is still fraught with peril and is riddled with sink holes that investors need to be wary of
Can't believe you can file your income tax return without Form 16? Read this...
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Be willing to learn from mistakes.
In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Common people expect the government to be aggressive and opt for growth related measures in the upcoming Budget.
There are some advantages of a falling rupee.
Sandeep Shanbhag offers tips on post Budget taxation rates.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
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