Do you know you can invest in funds to donate money for a good cause?
It is that time of the financial year, when tax payers start getting active about investing in Section 80C instruments.
What are FMPs and should you invest in them?
The tax filing season is here, and mutual funds have launched tax-saving products.
Premium paid on life insurance policies entitles you to tax benefits. Read on to find out more about this.
The Centre told the Supreme Court on Wednesday that almost every country, including India, was grappling with the problem of use of black money in elections and the electoral bonds scheme was a "conscious attempt" to eradicate the menace of "unclean money" in the poll process.
No HRA deduction component in your salary? You can still claim deductions and save tax.
Get Ahead home loan expert Harsh Roongta on tax benefits fo availing a home loan.
Is it true that you can also save on your tax by gifting money to your parents? If yes, then what are the ways in which you can do so? Is there any maximum limit for gifting?
There are many tax components you need to be clear about and also figure out how to plan your investments to gain maximum returns as well as maximum tax benefits.
If you are planning to buy insurance to save on tax, here are five things you must know first.
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
In an hour-long chat with rediff.com, financial planning expert Sailesh Multani offered some valuable tips.
A well-defined asset allocation plan for tax-saving instruments will help you realise not just your tax-planning objective, but also complement your overall financial planning.
You tax-saving investments should not only depend on good returns but also take into consideration the various stages in your life to optimise your investments.
A medical insurance policy should always form a part of any individual's financial planning as well as the tax planning exercise.
Our advice: engage the services of a qualified investment advisor, make an investment plan for your tax-planning investments and stick to it; finally don't deviate from your risk appetite.
The new tax regime has got a lot of investors thinking on whether they should realign their 'tax saving' investment portfolio in favour of mutual funds.
You can invest the proceeds in capital gains bond or reinvest in another residential property.
Finding the right way to save taxes requires a great deal of planning. Here's a helping hand.
It is that time of year again, when we have to make tax saving investments. But how do we go about choosing the right tax saving instruments that will give you the optimal returns while saving you tax?
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
One of the best ways to take the time to research and plan well in advance, is to start on this exercise right in the beginning of the financial year and not at the end of the it, when there are bound to be different constraints on the cash flow and also confusion over what to choose in the last minute frenzy.
As the calendar year comes to an end, employees are asked to file investment declarations to their companies.
Equity linked saving schemes of mutual funds help investors not only save tax but also make money.
The average age of person/s having own residential homes has come down from 42 in 2000-01 to 31 years in 2006-07? Do you know how this has become possible. Tax sops on home loans is the biggest catalyst to begin with.
The I-T Act ensures that you cannot divert income within the family.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Don't sell the shares immediately after you get possession. It might translate into tax liability, if not held for one year or more.
Your decision to invest in capital gains bonds or otherwise should be determined by your risk appetite and investment objective among others.
With the financial year coming to an end, one needs to start proper planning for the new one.
It often leads to unnecessary investments, which might not be able to serve your goals.
Tax benefits should not be the driving force for an insurance policy.\n\n
Here's a list of Top 10 ELSS funds in terms of percentage gain in the last one year till September 7, 2007. These funds not only help you make money but also save taxes as per Section 80C.