5 days left for tax-saving. Have you done it right?

THE ECONOMIC TIMES Mon, Mar 26, 2018 | 03:55 PM IST Tax-saving guide

Have you done your tax-saving right? Have you done your tax-planning in a well-planned manner? Here are 5 questions you must answer to see if you are on the right track.

You can cut tax via these 3 expenses and interest income also: Find out how Here are a few more breaks available under 80C and various other sections of the I-T Act that you can make the most of to further reduce your taxab... Planning to buy health insurance to save tax? Watch out for these factors One should not buy health insurance plan to save on tax. It is used to take care of you and your family in case of medical emergencies.... Invest in these tax-saving schemes by March 31 to keep your accounts active Here is a look at the minimum amount you need to invest in some schemes to keep them active and what happens if it is not done.... These four expenditures can help you save tax under section 80C If you have incurred any of the below-mentioned expenses in the FY 2017-18, then you can claim deduction for it up to a maximum of Rs 1.5 lakh.... How to check if employer is depositing your TDS with the government If TDS is cut from your salary and is not deposited with department there will be a mismatch in your Forms 16 and 26AS, which can in turn lead to l... How to claim tax benefit on tuition fees under Section 80C When you pay your kids' tuition fees, it qualifies for income deduction and also helps in reducing your tax liability.... 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 it.... Don't forget to claim your LTA tax exemption this year: Here is how LTA exemption is available for 2 journeys in a block of 4 yrs. While the current block is 2014-17, one can carry it forward to the next block year.... Is your single premium life insurance policy eligible for tax benefits? Until the ratio between the premium and the sum assured is met, you may not be able to avail tax benefits on your policy.... Investing in ELSS to save tax? Diversify to balance out fluctuating returns over 3 years Look at the portfolios of the ELSS schemes and ensure that the ones you have selected have varied allocation to different sectors and stocks.... Check before you donate: Will you get 50% or 100% tax benefit under Section 80G? Section 80G of the I-T Act allows donations made to specified relief funds and charitable institutions as a deduction from gross total income.... How to save tax on health insurance premium | Complete Guide Premium paid towards health cover for self, family and parents not only provides financial help in case of medical emergencies but also reduces tax... Here's why one should not fall for guaranteed life insurance plans The effective annualised return from a traditional life insurance policy is around 5%. For guaranteed plans, it's even lower.... How to open a Sukanya Samriddhi Account | Step by Step Guide Generally, all banks that provide the facility to open a Public Provident Fund account offer one for Sukanya Samriddhi Yojana too.... You cannot claim common tax breaks under Sections 80C to 80U for LTCG or STCG It is thought that taxpayers can claim deductions under sections 80C to 80U of the Income-tax Act from gross total income to reduce the total tax o...

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My News Digest Newsletter: Defence spend as percentage of GDP has fallen world over

		THE TIMES OF INDIA
		Monday, March 26, 2018
		Today's Headlines

		India
		Defence spend as percentage of GDP has fallen world over When people turn forest managers Rs 16 lakh dengue bill? Should've been Rs 9 lakh less More India News»

		Business
		A320 Neo engine woes may end soon: Airbus Airbus had decided not to deliver any A320 Neo to customer airlines with PW engines till the snags were not rectified completely. This decision was taken after EASA had on February 9 issued a warning of a potential “dual engine” inflight shutdown on A320 Neo-family aircraft powered by PW1100G geared turbofan (GTF) engines. India to seek easier export rules to China Amid rising trade tension globally, India and China will meet on Monday to look at ways to strengthen bilateral ties with New Delhi pitching for easier rules for its exports to bridge the massive trade deficit. Banks face triple whammy: Nirav, NPAs & rising yields More Business News»

		Environment
		When people turn forest managers North China cities issue smog alerts as industry curbs end Beijing and 33 other northern Chinese cities have issued smog alerts for the next few days as industrial output ramps up again after the end of winter restrictions, China's Ministry of Ecology and Environment said on Sunday. Sydney goes dark as Earth Hour campaign kicks off Earth Hour, which started in Australia in 2007, is set to be observed by millions of supporters in 187 countries, who will turn off their lights at 8.30pm local time in what organisers describe as the world's "largest grassroots movement for climate change". More Environment News»

		World
		Saudi forces intercept new Yemen rebel missile over Riyadh Saudi forces intercepted a Yemeni rebel missile over Riyadh on Sunday, in the latest strike on the capital which coincides with the third anniversary of the Saudi-led coalition's intervention in Yemen. Pope urges young people not to remain silent Pope Francis on Sunday urged young people not to allow themselves to be silenced and to stand up for what they believe in, a day after more than a million people in the United States took part in student-led protests demanding tighter gun control. Porn actress Stormy Daniels set for TV talk on Trump Porn actress Stormy Daniels will today sit for a highly-anticipated interview that could shed new light on the affair she says she had with Donald Trump a decade before his election as president. Contrary to its usual practice, CBS has not released excerpts of the interview, which will air today at 7:00 pm local time on the network's flagship "60 Minutes" programme. More World News»

		Entertainment
		Upcoming romantic movies of 2018 Photo: Priyanka pampers herself at a salon Priyanka Chopra is making the most of her downtime in Mumbai city. The star was spotted on a sunny Sunday morning, pampering herself at a salon. Kareena-Amrita hit Singapore streets in style Kareena Kapoor Khan has a closed circuit of friends with whom the actress is seen mostly spending time with. The actress is currently vacationing in Singapore with bestie Amrita Arora Ladak. More Entertainment News»

		Science
		Arctic sea ice extent among lowest on record: NASA Sea ice in the Arctic grew to its annual maximum extent on March 17, at about 60,000 square kilometres larger than the record low maximum reached on March 7, 2017. Nasa's Mars rover Curiosity marks 2,000th day on red planet That's 2,000 days by Martian standards. A Martian sol, or solar day, is equivalent to 24 hours, 39 minutes and 35 seconds. So 2,000 days on Mars equal 2,055 days here on Earth. Guess how many research papers did CSIR scientists publish in last four years? The CSIR encourages scientists working in its laboratories/institutions to carry out research and development in identified areas and publish their research findings in scholarly journals. More Science News»

		Sports
		Ball Tampering: Smith suspended for one Test, three demerit points for Bancroft Australia captain Steve Smith has been handed a one-match suspension and fined 100% of his match fee by ICC following his admission on Saturday that he was party to a decision to attempt to change the condition of the ball in order to gain an unfair advantage. South Africa rout embattled Australia by 322 runs in third Test Australian cricket's day of shame ended in a crushing 322-run defeat by South Africa on the fourth day of the third Test at Newlands on Sunday. Set an unlikely 430 to win, Australia were bowled out for a paltry 107, with Morne Morkel taking five for 23. Harbhajan Singh slams ICC's decision in ball-tampering row India spinner Harbhajan Singh slammed the ICC for letting off Australian opener Cameron Bancroft with only a fine of 75 per cent of his match fee and not a ban, despite his role in the ball-tampering scandal in the third Test against South Africa in Cape Town. More Sports News»

		Technology
		12 things you didn't know Truecaller can do for you Tech skills that will get you maximum salary hike this year Buying an air conditioner? 8 things to remember It’s that time of the year when many of us start hunting for ACs to beat the scorching heat. But buying an AC can be tricky with all the marketing jargon that salesmen confuse us with and the wide range of features they come with now. Here are some pointers to make the task easier More Technology News»

		Education
		Delhi HC slams govt's 'creamy layer' criteria The Delhi high court has slammed the Centre’s method of calculating the “creamy layer” for wards of persons from “Other Backward Classes” working in PSUs — a key reason behind the rejection of many OBC aspirants for IAS and other elite services over the last five years. IIT-Bombay rover heads for Mars mission contest in US It is a proud moment for IIT Bombay.The Mars Society of India at IIT-B is among the 36 chosen globally for the international university rover challenge organised by the US-based Mars Society. EWS entry: Parents run from pillar to post More Education News»

		Mumbai
		After corporators' complaint, state orders BMC to probe 2,000 employees for graft The state government has written to the BMC, directing it to probe 2,001 civic employees and officers who have been accused of corruption in various cases. IIT-Bombay rover heads for Mars mission contest in US It is a proud moment for IIT Bombay.The Mars Society of India at IIT-B is among the 36 chosen globally for the international university rover challenge organised by the US-based Mars Society. Mumbai: Man murdered days after his release from jail A 27-year-old man who had been recently released from jail was found stabbed to death in Bhandup early on Sunday.This is the fifth murder in this locality within a week. More Mumbai News»

		Delhi
		AAP to make Delhi-like miracle in Haryana: CM Arvind Kejriwal OT assistant found dead in Delhi hospital room A 23-year-old operation theatre assistant was found dead in his third floor room at a private hospital in outer Delhi's Bawana on Sunday morning.Police are suspecting it to be a case of drug overdose. 'Black spots' claimed 86 lives in 2017 Eighty-six people lost their lives and 131 got injured in accidents at 10 "black spots" on the city roads last year, the Delhi government has informed the state Assembly. More Delhi News»

		Bangalore
		Why Siddaramaiah chose to put the caste census into cold storage With the countdown for the state assembly polls having begun, chief minister Siddaramaiah and his cohorts have decided not to unleash their most potent weapon: Findings of the caste census. Farmers, traders up in arms against e-market portal Farmers and APMC traders are upset with the much-hyped unified market platform (UMP), provided by Rashtriya eMarket Services Pvt Ltd (ReMS). UAS scientists to breed Mexican bug to kill forest weeds More Bangalore News»

		Hyderabad
		Telangana cops resort to cane charge after stone pelting at religious procession Amit Shah's letter is an insult to the people of Andhra, says Naidu Celebrating six successful months of Agaaz-e-Baatcheet More Hyderabad News»

		Chennai
		Chief sculptor of Tamil Nadu arrested for Rs 1.30 crore loss CM Edappadi K Palaniswami lauds Centre and PM, contradicts his deputy Panels to prevent sexual abuse at workplace in disarray More Chennai News»

		Ahmedabad
		Ahmedabad wastes 39 crore litres of water daily Even if Amdavadis think they understand the value of money, they surely do not value precious water despite living in a water-scarce state. 2 brothers arrested for assault on traffic cops in Gurukul Gujarat reports 6 swine flu deaths, 36 cases this year More Ahmedabad News»

		Allahabad
		On way to take a dip in Sangam, 5 killed as van rams truck Goods gutted as fire breaks out in shop Goods worth thousands of rupees were gutted when a fire broke out in a shop in Civil Lines area on Saturday.The fire safety officer said that the fire reportedly broke out due to a short circuit. Mural painting at Minto Park in Allahabad Visitors of all age coming to Allahabad in the forthcoming Kumbh-2019 and visiting the famous Minto park, located few meters from Sangam area, are all set to witness the entire jungle and variety of animals found in it within the four-walls of this iconic park of the city. The jungle and its animals are there on the walls in form of mural paintings. More Allahabad News»

		Bhubaneswar
		Odisha: Job seekers want hike in upper age limit for government jobs Odisha: Job seekers want hike in upper age limit for govt jobs Odisha: Nalco CMD hurt in road accident at Kausalyagang More Bhubaneswar News»

		Bhopal
		Student abducted from coaching centre in MP Nagar & gang raped Mafia flattens historic fort in Gwalior dist to carry illegal sand Four arrested for alleged gang-rape, paraded through streets The city police today arrested four men for allegedly raping a 20-year-old college student. More Bhopal News»

		Chandigarh
		AAP to make Delhi-like miracle in Haryana: CM Arvind Kejriwal Vehicle hits e-rickshaw, driver dies 300 gather to celebrate World Heritage status of Captol Complex More Chandigarh News»

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