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Indian Stock Market News and Views.

Tax Breaks How to avail them

| Filed under Economy

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 payment. It includes

tax 239x300 Tax Breaks How to avail them

Tax deduction

Tax exemption

Tax credit

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What is section 80C ? Saving Tax with 80C

| Filed under News and Views

 

tax 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 Tax Act. Some of you might have heard about it and others would certainly know what they are too. (One of the most popular contributions/investments are the EPF (Employee Provident Fund) and PPF (Public Provident Fund). There are some other investments options too which work under this. 

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