Saving Tax

10 Tax saving instruments

10 Best Tax-Saving Instruments and Their Returns

by Pijush Biswas • October 9, 2019

Tax saving is a prime tool for many investors, to prevent the erosion of the total income generated. There are various instruments that provide this benefit, thereby, significantly increasing the effective investment port-folio in this country as all individuals want to avail this advantage. In this article, I will talk about the best tax saving […]


Post Budget Taxes

Tax Saving : Deductions Under Section 80C, 80CCC, 80CCD And 80D

by Mridul Agrawal • July 2, 2019

As a tax-paying individual, it is a must for you to know about tax relief you can claim ( Upto ₹ 150,000) under Section 80, 80 CCC, 80 CCD, and 80D. These deductions are categorized into different buckets based on the type of investment made and fall under Chapter VI A of the Income Tax […]


10-best-elss-funds

Evaluating ELSS Funds to Save Taxes (Includes best 10 ELSS Funds)

by Groww • April 29, 2019

Every year, as soon as the season of tax filing arrives, taxpayers start looking for ideas to save taxes by different ways of investing. Tax saving methods are many, but it is really important to choose a method that not only saves your money but also makes you more of it in the future. Although,the […]


tax implications on debt funds

A Detailed Tax Calendar for Fiscal 2020

by Niraj • April 9, 2019

As the new financial year begins, you will have the responsibility of a new task with you for complying with the tax norms. While you should ideally start tax planning from the first month of the fiscal year, you need to ensure you review your portfolio, income and expenses over the period as you progress. In […]


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 • March 5, 2019

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 […]


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 […]


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. In India, the moment you hear the word income tax, […]


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. […]


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. Let us look at the tax saving methods available in India. […]


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. […]


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 […]


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 […]


How to Save Tax? – 5 Ways to Save Your Income 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. […]


sundaram elss nfo

NFO Review: Sundaram Long Term Tax Advantage Fund Series IV – Direct Plan

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 […]


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

Advantages and Disadvantages of ELSS Tax Saving Mutual Funds

by Mridul Agrawal • February 19, 2018

The number of people taking advantage of the 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 […]


calculation ltcg elss

LTCG Tax Calculation for ELSS Mutual Funds

by Ankit Jain • February 15, 2018

Introduction of Long Term Capital Gains (LTCG) tax on equity mutual fund schemes has badly hit last-minute investments in Equity Linked Saving Schemes (ELSS) this tax-saving season. Many investors are thinking whether ELSS is tax-free or does ELSS still serves as a tax-saving instrument. There are lesser last-moment investment calls made by investors due to […]


3 Reasons Why Equity Mutual Fund is Good Even After LTCG Tax

by Pijush Biswas • February 6, 2018

Soon after the announcement of LTCG tax in India, share market and equity mutual fund investors starting questioning if equity mutual funds were still a good option to invest in. To add to that, numerous rumours and myths have flaoted the markets prompting many people to take wrong steps. 3 reasons why equity mutual fund […]