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Investments Tax Planning

Tax deduction on salary while switching job

When and employee changes job in a financial year once or more than once then he faces a common problem of extra tax deduction at year end. Financial year is the period starting 1st April and ending 31st March every year. Employees have a common a common question why my tax got deducted even though […]

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Insurance Investments Mutual Funds Stock & Securities Tax Planning

How salaried employee lose tax benefits

Tax saving deductions are known to all but when and on what conditions they are withdrawn are known to few.To know about the conditions when tax benefits are withdrawn, read on. Life Insurance policy, long term capital gain, pension, housing loan principal and newly introduced Rajiv Gandhi Equity Savings Scheme are few of them which […]

Categories
Investments Tax Planning

Deductions Under Section 80 C

Every individual who is in service is always eager to know how much should he invest and how much he should save so as to bring his tax liability to minimum. Each employee always consults his colleague that where have you invested to save tax. In this article i will discuss about the sections which […]