Tax Planning Strategies for Salaried Employees
Tax Planning Strategies for Salaried Employees.. You can use various sections including Section 80C, Section 80CCD1B, Section 80D, HRA, etc. to save income tax
Tax Planning Strategies for Salaried Employees.. You can use various sections including Section 80C, Section 80CCD1B, Section 80D, HRA, etc. to save income tax
What are Home Loan Tax Benefits.. Section 80C provides Rs. 1.5 Lakh, Section 24 provides Rs. 2 Lakh and Section 80EE provides additional Rs. 50,000 Deductions in financial year..
How to Choose between Old and New Tax Regime.. The tax slab rates of new tax regime are low compared to old tax regime, but you get maximum deductions in old tax regime
Benefits of Post Office Monthly Income Scheme including low risk investment since it is government backed, guaranteed monthly interest payments..
Benefits of Senior Citizen Saving Scheme. 1. High Interest Rate 2. Government Backed 3. Tax Saving Benefits 4. Flexible Investment 5. Quarterly Payments
Business Loan Challenges can be due to market downturns, loss of customers, or increasing costs.. How to avoid shutting down of Business?
Benefits of Investing Early.. 1. Compounding of Interest 2. Financial Independence and Retire Early (FIRE), 3. Reduced Risk 4. Achieving Goals Before Time..
EPF interest is calculated on monthly basis on EPF Balance & is compounded on yearly basis. Employee contributes 12% & employer contributes same amount..
Income Tax on SWP.. Withdrawals from SWP is taxed as STCG or LTCG. STCG tax rate is 20% while LTCG is taxed at 12.5% on profits above 1.25 Lakh in FY..
Build a Strong Emergency Fund.. Prioritize savings, cut unnecessary expenses, stay disciplined and explore different strategies to build emergency fund..