Tax Saving Tools
Do you think tax is a burden? Most of the tax payers believe so. If you are a wealthier man, you have to submit a huge amount as tax for the government. To down your tax payment it is necessary to establish a well tax planning criteria which limits the tax pay. For good tax [...]
Tax Breaks How to avail them
Tax related rules should evolve with time. There is no pre defined principles related to the tax rules. As we are going to the end of the current financial year it is necessary to set the formalities for tax saving. Tax break simply means tax saving. ie; anything that reduces the total cost of tax [...]
Medical Insurance Policies – Mediclaim
Of course you would have heard of Mediclaim and medical insurance policies that are offered by almost all insurance companies. This is an insurance policy that provides medical cover for both self and the dependents. This means that a person can get medical insurance for their spouse, parents and children.
There are a number of [...]
What is section 80C ? Saving Tax with 80C
When its March and you go on a ride for getting the most benefits of tax deductions. If you plan well then you can surely save some good amount of money with your tax plans. One of the most common option that we Indians use for Tax deduction instruments is Section 80C of the Income [...]
Equity Linked Savings Scheme (ELSS)
Its a variety of diversified equity fund. You can make your investment tax deductible under Section 80C of the Income Tax Act. The ELSS fund has a locking period of three years, its equipped with all other normal abilities of a equity fund. The investor also has the option to choose between growth and dividend [...]
