{"id":3808,"date":"2018-01-06T09:42:15","date_gmt":"2018-01-06T04:12:15","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=3808"},"modified":"2018-04-30T14:21:54","modified_gmt":"2018-04-30T08:51:54","slug":"how-your-wife-can-help-you-save-taxes","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/how-your-wife-can-help-you-save-taxes\/","title":{"rendered":"How your wife can help you save taxes?"},"content":{"rendered":"

We all want to save taxes and thankfully we need not look too far. Did you know your wife can help you save your taxes?<\/strong><\/p>\n

Income Tax Clubbing Rule:<\/h3>\n

If your wife has no income and you invest in her name then the income earned on such investment is clubbed to your income. This is popularly known as clubbing rule<\/em><\/strong>. But there is more to it!<\/p>\n

If you invest in your wives name [or gift her money and she invests] such that the income received is tax free, then it\u2019s clubbed to your income but naturally not taxed. And if this is reinvested further, it is treated as your wife\u2019s income and not clubbed to your income.<\/p>\n

\"How
How your wife can help you save taxes?<\/strong><\/figcaption><\/figure>\n

Tax Free Incomes:<\/h3>\n

Here is a list of investments which you can consider for tax free income:<\/p>\n