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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 […]

Categories
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Tax saving deductions are known to all but when and on what conditions they are withdrawn are known to few.To know about the conditions when tax benefits are withdrawn, read on.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 […]