We are releasing the eBook on Tax Planning which tells you how to save income tax for FY 2018-19 (AY 2019-20) for both Salaried and Professionals. This is a short 43 slide power point presentation (in pdf) which covers all the tax saving sections and investments applicable for tax payers. But before that lets look […]
How to Save Income Tax for Salaried and Professionals for FY 2018-19? Read More »
Section 80GG is one of lesser known sections which can be used by taxpayers to lessen their tax burden by claiming tax exemption for rent paid (in case HRA is not part of salary). This section can be used by be either salaried/pensioner or self-employed tax payers. Conditions for Claiming Tax benefit u/s 80GG for Rent
We are releasing the eBook on Tax Planning which tells you how to save income tax for FY 2017-18 (AY 2018-19). This is a short 43 slide power point presentation (in pdf) which covers all the tax saving sections and investments applicable for salaried or business tax payers. But before that lets look at the
How to Save Income Tax for FY 2017-18 – Download Complete Tax Planning Guide Read More »
Every December to February, employers ask their employees to submit income tax investment proofs along with LTA/HRA proofs. The problem there is no standard format for the same. Each employer has different set of forms and asks for different investment proofs. To overcome this and to give uniform format across organizations, Income Tax Department has
Form 12BB – New Form to claim Tax Exemptions by Salaried Employees Read More »
Its time when you would be asked to submit proof of investment to your employer to save taxes. HRA (House Rent Allowance) has been one thing which confuses many people. so here answers to 8 frequently asked questions about HRA: When can you claim HRA? How to calculate tax exemption for HRA? What are proofs to
