If your HR department hasn’t already given you a deadline to declare your tax-saving investments meant for financial year 2019-20, it’s only a matter of time before it does. Based on the details you submit, your employer will calculate your estimated tax liability for the year and, accordingly, deduct taxRead More →

When the NPS was opened to the general public 10 years ago, the scheme was not very tax friendly. It was also governed by rigid rules. However, over the past 10 years, the government has offered more tax benefits, relaxed investment norms and made withdrawal rules more lenient. Even so, investors are not reallyRead More →

If one starts saving tax early on in the financial year, one can avoid missing such opportunities.(Shutterstock) It’s a common phrase to hear that we are creatures of habit and this is true if you analyse your life — you wake up, brush your teeth, catch a cup of coffee,Read More →

No matter who you are, how old you are, and what your income is, you must absolutely have health insurance. It’s almost the end of the financial year. Therefore, it’s also time to finish buying your tax-saving investments in order to secure your deductions under various sections of the IncomeRead More →

The last date to file income tax returns for financial year 2017-18 is July 31. If you are now wondering over the amount that you are paying as income tax, you should realise that that there are ways to reduce this outgo. Making proper investments is definitely the way out.Read More →