Saving Tax

Tax slabs - Budget 2019

Budget 2019 – Tax Slabs and Changes in Income Tax

by Niraj • February 4, 2019

In the previous article, highlights of the Interim Budget 2019 had been covered. This blog will focus primarily on the income tax slab for fiscal 2019 (AY 2020-21). Read on! Let us first differentiate two key terms – gross income and taxable income. Difference Between Gross Income and Taxable Income Many of us have heard about […]


everything about insurance premiums

Master Tax Saving with ELSS Mutual Funds

by Megha Kendre • January 18, 2019

While you work hard to earn money, investing that hard-earned money to save tax and earn good returns is one of the mantras of a financially independent future. Taxes tend to eat away at your earnings leaving you with lesser disposable income and further less money to invest. While there are various ways you can […]


Income tax for beginners

Basics of Income Tax for Beginners

by Niraj • December 15, 2018

There are a lot of common milestones that each one of us goes through in our lifespan. To name a few – graduation, first job, marriage, family, etc. Similarly, another milestone that is pretty common amongst people is paying income tax for the first time. Check out the 15 ways you can save tax in […]


Stocks

Your GST Calendar – 2018

by Niraj • December 13, 2018

Filing of tax returns with the government remains an essential aspect for any individual or business. Timely filing of tax prevents from additional interest and penalty that may be levied by the government. In this blog, we seek to provide you with a Goods and Services Tax (GST) calendar, that shall help you file returns. […]


Are You Planning On Giving Up Your ELSS Because of LTCG Tax?

Are You Planning On Giving Up Your ELSS Because of LTCG Tax? Don’t!

by Niraj • December 12, 2018

The year 2018 shall be remembered for days to come for several reasons. One reason is the re-introduction of long-term capital gains (LTCG) tax. Before we delve more in-depth in, let us quickly touch upon LTCG for the sake of our novice readers. What Is Long­-Term Capital Gains (LTCG) Tax? LTCG is a tax that is […]


15 ways to save tax in India

15 Ways You Can Save Tax in India

by Niraj • December 11, 2018

It is that month of the year when the HR of your company will chase after you to submit your documents to vet the tax liability for fiscal 2019. In this blog, we seek to discuss the methods by which you can save tax. Check out 10 best tax-saving instruments and their returns Let us look […]


Can a business with a great product may not be a great stock to buy?

5 Reasons Why You Should Opt for Mutual Funds to Save Tax

by Niraj • December 7, 2018

Introduction of Equity Linked Savings Scheme (ELSS) has provided the much-needed relief for middle-class people, particularly the working class. At a time when inflation has been rising, investing in traditional instruments with nominal returns of 8-10% has become too mainstream and unaffordable. For novice readers, if returns in a tax saver fixed deposit is around […]


Salary restructuring

Income Tax Exemptions for Salaried Individuals

by Niraj • December 6, 2018

It is December already. Doesn’t it seem like 2018 passed way too soon? And again, it’s time to bake your plum cake, take out your woolen clothes and most importantly, plan your income tax as the HR in your organization will soon ask you to seek your original documents as a proof of tax saving. […]


Sukanya Samriddhi Yojana Is the Best Tax Saving Option

Have a Girl Child? Sukanya Samriddhi Yojana Is the Best Tax Saving Option

by Niraj • December 5, 2018

With development, we believe the mindset of people is also changing. Gone are those days when the boys had an upper edge over their counterpart. In today’s era, in every walk of life, girls have matched up to boys and the boundary is drawing to the short end of the straw. While equality between the […]


10 Tax saving instruments

10 Best Tax-Saving Instruments and Their Returns

by Pijush Biswas • December 4, 2018

” In this world, nothing can be said to be certain, except death and taxes “ – Benjamin Franklin In another few months, we will start the new year 2019 and tax payers will be busy looking at the best tax saving investments in FY 2019-2020 under various sections of the Income Tax Act. Smart […]


10 hacks to reduce tax liabiliy

Best 10 Tax Saving Tips for an Entrepreneur

by Pijush Biswas • December 3, 2018

Income tax is the harsh reality that every entrepreneur or a business owner has to accept. And of course, the hardest thing to understand in this world is income tax! However, it is our duty to contribute towards paying income tax, and we can’t escape from this duty because it is ultimately a source of […]


tax

Income Tax Exemptions: Section 80C – All You Need to Know

by Ankit Jain • September 25, 2018

The most commonly used choice to save income tax is section 80C of the Income Tax Act. As per this section, if an individual or Hindu Undivided Families (HUFs) invests in or spends on specified option then up to Rs 1.5 lakh, as per the present laws, of this investment made or expenses incurred  can […]


A Detailed Plan to Save Tax!

by Groww • September 23, 2018

Do you feel that the government is taking away too much from you as tax? If you do, then you are not alone. You may not know but probably are paying much more tax than is necessary. This is because you may not be aware of the tax saving provisions of the Income Tax Act. […]


NSC (National Savings Certificate): 20 Things You Need to Know About This Fixed Interest Scheme

by Mridul Agrawal • April 29, 2018

National Savings Certificate (NSC) along with PPF, Kisan Vikas Parta are popular fixed income securities which can be availed with the help of a post office. Apart from providing a fixed income in the form of periodical interests, these also provide tax benefits to its investors. These instruments are safe and promoted by the Government. […]


Things to must know about ELSS funds

by Shikhar Singh • April 28, 2018

When it comes to tax saving, many people use options like PPF, tax saving FD, insurance, and what not. At the same time, everybody wants higher returns from their tax-saving investments. They also want the lowest lock-in period for their investment. Yet so many people refuse to look for better options. They do not ask […]


sundaram elss nfo

NFO Review: Sundaram Long Term Tax Advantage Fund Series IV – Direct Plan (April 2018)

by Pijush Biswas • April 23, 2018

Sundaram Mutual Fund launched a new mutual fund scheme on 27th March 2018 – Sundaram Long Term Tax Advantage Fund Series IV – Direct Plan. It is a close-ended Equity Linked Saving Scheme (ELSS) with a tenure of 10 years from and including the date of allotment. It also has the option of withdrawal after 3 years from the date […]


SIP vs Lumpsum: Which Is Better for ELSS Investment?

by Ankit Jain • April 12, 2018

An investor is always in a dilemma of whether to invest in ELSS through Lump Sum or via Systematic Investment Plan. Both the methods have their own advantages and disadvantages. Generally, SIP is recommended as it reduces the risk from market movements and provides the benefit of cost averaging. Lump Sum Investments Versus Systematic Investment […]


ulip ppf mf elss

ULIP vs PPF vs MF: Which is Better in What Way?

by Mridul Agrawal • March 13, 2018

At present, there are a lot of investment options for the ordinary investor to save tax. Some of them being mutual funds, public provident fund or PPF, Unit Linked Insurance Plans (ULIP), fixed deposits among others. Moreover, the recent market correction and volatility has brought about doubts in the minds of many investors. The doubt […]


Grandfathered Meaning: Budget 2018

by Mridul Agrawal • February 20, 2018

Much hype (and maybe confusion too) has been created over grandfathering of capital gains. On the 1st of February 2018, on the day of the financial budget, our Finance minister Mr Arun Jaitley announced a 10% levy of tax on long-term capital gains on equity shares and equity-oriented units of a mutual fund. He said […]


Advantages and disadvantages of ELSS

8 Advantages and 2 Disadvantages of ELSS

by Mridul Agrawal • February 19, 2018

The number of people taking advantage of Equity Linked Savings Scheme or ELSS has steadily risen. Due to the increase in popularity, more people want to know the advantages and disadvantages of ELSS funds. Besides the obvious draw-back – 3 year lock-in, there aren’t many drawbacks to this ELSS funds. Read the full article to know all the […]