I am planning to sell land. How can I save on tax?
Whether it’s a salary income, rental income, interest income, capital gains, or any other type of income, it is compulsory for everyone to pay taxes on all the sources of income.
Advance Tax Provisions – FFC episode 33
Advance tax is the amount of income tax that is paid much in advance rather than a lump-sum payment at the year-end. Also known as earn tax, advance tax is to be paid in installmen
Difference Between Tax- Planning, Avoidance & Evasion
Whether salaried individual or business owner, every person who is liable to pay income tax definitely tries to minimize the tax liability, at least for once. Even though it is une
How to Save Income Tax? Tax Saving Guide.
Coming close to the end of the Financial year all of you might be thinking about How to save our Income Tax?Deductions allowed under the income tax act help you reduce your taxable
Best Tax Saving Instruments to Maximise Your Corpus
Any person earning Income has to pay tax. So why are we waiting for the last-minute rush, tax planning and investing to save taxes should not be left for the last minute. Better to
TO AVOID UNNECESSARY TAXES, IT PLANNING.
What is tax planning? Tax planning is the analysis of an individual’s financial situation from a tax efficiency point of view so as to plan an individual’s finances in the
Decoding Budget 2021
The most feared and most awaited event of the year; The Budget. Every person, every industry waited patiently for the announcement from our respected Finance Minister Nirmala Sitha
How to select a suitable Tax regime for Yourself?
Our respected Finance Minister came up with an option of opting for an old or new tax regime whichever is beneficial to the taxpayer. Both the regimes have their own pros and cons
Old vs New tax regime – Check what Mr. Shah opted for?
Benjamin Franklin once famously said, “In this world, nothing can be said to be certain except death and taxes”. We can’t beat death but we can definitely cope wi
ULIPs with an annual premium above ₹2.5 lakh to be taxed
Finance Minister in budget 2021 has made the maturity proceeds of the unit-linked insurance policies (Ulips) taxable. However, it will be taxable only if the annual premium is abov