Equity linked saving schemes not only help you save tax but also give decent returns. Here's the list of top 10 ELSS funds for the year ending February 8, 2008.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
If you're a salaried person there are many ways to save taxes
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
In the final part of this series on how salaried employees can save taxes Anil Rego of Right Horizons gives some smart tips on, what else, but saving taxes.
In an hour-long chat on rediff.com on Thursday, direct tax expert Vikas M Gandhi offered some valuable tips.
If you want to be a smart investor, you cannot view your investments solely on the basis of the returns they can generate.
People in their quest to save tax usually end up buying a lot of unwanted insurance products.
The wise pay their taxes on time and plan for it before time. That does not mean one has to necessarily go through the big fat books on taxes! Knowing a couple of hacks for saving tax can have it sorted for you.
Earning a salary? Looking to save tax the smart way? Then you have two options. First is salary restructuring and second is tax saving instruments. Here we take a look at both these options and how to use them effectively.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Here's the list of top 10 tax saving mutual funds for the period between November 28, 2006 and November 27, 2007. Their gains far outperform the gains made by the Sensex during the given period.
Mutual funds, especially the tax saver variety seems to be on a roll. Here's the list of top 10 ELSS mutual funds for the period ending September 28, 2007. These ELSS funds have made more money for you than the Sensex gains.
Get Ahead tax expert Mahesh Padmanabhan, in a chat with readers, told them how they can save taxes apart from availing of limit set under Section 80C.
Whatever your queries, tax expert Mahesh Padmanabhan will answer them and give you tips on tax planning on Friday, February 2, between 4 pm and 5 pm IST. Join us then
Here's all you must know about equity linked saving schemes and how they can help you save taxes as well as optimise returns.
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Did you know that you can get a tax benefit of up to Rs 50,000 under a health insurance policy?
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
Don't let income tax come in the way of your long-term financial planning, says Ashish Vohra, Senior Director and Chief Distribution Officer, Max Life Insurance
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Don't solely focus on tax-saving alone.
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
For long-term financial security, millennials must not only provide social security for their young families but also ensure that their financial burdens are not passed down to their families, says Casparus Kromhout.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
rediffGURU Ulhas Joshi answers your mutual fund queries.
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
Don't end up claiming tax by just referring to Section 80G. There are some sub-sections also.
An interesting feature about the NFO is that the AMC will absorb all the initial issue expenses; it will not pass on the cost to the investor, which is the standard industry practice. The same will reflect in the investor's return.
rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.