Uploads from Me

Saturday, February 22, 2020

Have you done your tax-saving right? Find out here

THE ECONOMIC TIMES
Sat, Feb 22, 2020 | 12:03 PM IST

Tax-saving guide

Have you done your tax-saving right? Have you done your tax-saving right?
Calculating your tax liability correctly and using the tax breaks offered under Section 80C are few points to check during your tax-saving exercise.
Want to know how much you need to invest to save tax? Here's help

Depending on the kind savings or expenditures you incur, under sections 80C and 80CCD1b of the Income-Tax Act, you are eligible for certain tax deductions.

PPF: A safe option to save tax and fund your retirement PPF: A safe option to save tax and fund your retirement
Since the Public Provident Fund (PPF) has a long tenure of 15 years, the impact of compounding is huge, especially in the later years.
10 things to know before you buy term insurance plan

To save on tax or pay a low premium, don't just buy any term plan without reading the terms & conditions. Here are a few important things one should consider.

What is Sukanya Samriddhi Yojana? All you need to know What is Sukanya Samriddhi Yojana? All you need to know
A Sukanya Samriddhi Account can be opened any time after the birth of a girl till she turns 10, with a minimum deposit of Rs 1,000.
How to save tax on health insurance premium

Premium paid towards health cover for self, family and parents not only provides financial help in case of medical emergencies but also reduces tax liability.

Senior Citizens Savings Scheme saves tax, beats bank FDs Senior Citizens Savings Scheme saves tax, beats bank FDs
Backed by the government, the scheme offers capital protection, along with quarterly interest payment as a source of income.
Claiming HRA tax exemption in different rental situations

Here are 3 scenarios young earners are likely to face while claiming tax exemption on HRA and how they can deal with these.

Can these deductions make you tax free? Can these deductions make you tax free?
Different sections under the Income-Tax Act correspond to different savings or expenses, some of which are eligible for tax deductions and could be a great way to show that you are actually out of the taxable bracket. Here are 8 such deductions.
How investing in NPS can help you save tax

Although the National Pension System comes with exempt-exempt-exempt (EEE) tax status, there is a catch.

More Newsletters

Daily Newsletter

Special stories that round up the major developments of the day ET More Newsletter

ET Mutual Fund

A weekly round-up of the top news and views from the mutual fund industry ET More Newsletter

ET Investment Opportunities

Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox ET More Newsletter

Wealth

Weekly news on personal finance, stocks, property, gold, tax planning and more ET More Newsletter
FOLLOW US ON ET
FacebookTwitterlinkedinYoutTube
About us|Advertise with us|Feedback|Sitemap|Code of Ethics
© 2020 Times Internet Limited.
To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today.
If you are having trouble viewing this newsletter, please click here
To unsubscribe or edit your subscriptions please click here

No comments:

Post a Comment