Tax Planning

Best Second Citizenship Destinations for Tax Benefits: Expert Insights from Immigrant Invest

Finance - Tax burden can be overwhelming, especially if your state levies high taxes on your profit as an individual or a company. Fortunately, well-heeled individuals don’t need to be confined to the tax regime of their homeland....

Income Tax Planning for Salaried employee’s

Finance - Maximize your tax savings as a salaried employee with smart planning strategies. Discover allowances and deductions for income tax exemption before the March 31, 2024 deadline!...

Tax Saving Options for Salaried Person

Finance - Maximize your tax savings as a salaried individual for the financial year 2022-23. Explore options like Standard Deduction, HRA, Interest on Borrowed Capital, Section 80C investments (Life Insurance, PPF, FDs), Section 80CCD(1B) for NPS, Section 80D for Medical Insurance, and deductions for interest on home loans. Stay informed and plan s...

5 Tax saving investments with wealth creation for salaried person

Finance - Explore the best tax-saving investment options in India, including PPF, NPS, ULIPs, ELSS, and Tax Saving Fixed Deposits. Learn how these options offer financial security and deductions under Section 80C....

Smart Tax Planning: Avoid Rushed Investments for Maximum Benefits

Finance - Explore the pitfalls of rushing into tax-saving investments like life insurance, medical insurance, and ELSS. Learn why careful planning is crucial for long-term financial gains....

DTC will not provide deduction for donation to relegious trust and may tax NGOs

Finance - Trusts and institutions carrying out charitable activities will face more stringent taxation regime when the new direct taxes code comes into play from April 1, 2011.The new Code will particularly hit non-governmental organisations (NGOs). All NGOs and charitable trusts registered with the Tax Department may be required to fork out 15 per...

Fund managers not willing to annouce dividend this year

Finance - Money managers, who have historically used dividends as a ploy to lure investors to tax-saving stock funds, are shying away from payouts this year, as a savage share market decline limits distributable surplus. Only seven tax funds have announced dividends in 2008/09, compared to 20 last year. The March quarter, which typically sees hecti...

S. 10(38) Sale of land through sale of shares by company holding only land is valid

M/s Bhoruka Engineering Inds. Ltd Vs The Deputy Commissioner of Income Tax (Karnatka High Court) - Bhoruka Steel Limited (BSL) was incorporated in the year 1969. The company became a sick industrial company within the meaning of SICA.It was proposed that 30 acres of land along with building and structure to be disposed of....

Supreme Court upheld Dividend-Stripping Law

CIT Vs. Walfort Share & Stock Brokers (Supreme Court of India) - Wallfort Shares & Stock Brokers, a Five Member Special Bench of the Tribunal (96 ITD 1 (Mum) (SB)) and the Bombay High Court (310 ITR 421 (Bom)) held that the ‘loss’ incurred by an assessee in ‘dividend-stripping’ transactions cannot be disallowed on the ground that it was ‘tax-planning‘...

Sorry No Post Found

Recent Posts in "Tax Planning"

Best Second Citizenship Destinations for Tax Benefits: Expert Insights from Immigrant Invest

Tax burden can be overwhelming, especially if your state levies high taxes on your profit as an individual or a company. Fortunately, well-heeled individuals don’t need to be confined to the tax regime of their homeland....

Posted Under: Income Tax |

Income Tax Planning for Salaried employee’s

Maximize your tax savings as a salaried employee with smart planning strategies. Discover allowances and deductions for income tax exemption before the March 31, 2024 deadline!...

Posted Under: Income Tax |

Tax Saving Options for Salaried Person

Maximize your tax savings as a salaried individual for the financial year 2022-23. Explore options like Standard Deduction, HRA, Interest on Borrowed Capital, Section 80C investments (Life Insurance, PPF, FDs), Section 80CCD(1B) for NPS, Section 80D for Medical Insurance, and deductions for interest on home loans. Stay informed and plan s...

Posted Under: Income Tax |

5 Tax saving investments with wealth creation for salaried person

Explore the best tax-saving investment options in India, including PPF, NPS, ULIPs, ELSS, and Tax Saving Fixed Deposits. Learn how these options offer financial security and deductions under Section 80C....

Posted Under: Income Tax |

Smart Tax Planning: Avoid Rushed Investments for Maximum Benefits

Explore the pitfalls of rushing into tax-saving investments like life insurance, medical insurance, and ELSS. Learn why careful planning is crucial for long-term financial gains....

Posted Under: Income Tax |

Senior Citizens Savings Scheme (SCSS): Investment Planning Guide

Explore investment planning for senior citizens, covering tax slabs, deductions, and the Senior Citizens Savings Scheme (SCSS). Understand where, how much, and when to invest. Learn about interest rates, withdrawals, and tax implications for a secure financial future....

Posted Under: Income Tax | ,

Income tax benefit of taking Car lease policy provided by employer

Unlock tax benefits with a corporate car lease policy! Explore how opting for a salary-linked car leasing model provided by your employer can significantly reduce taxable income. Discover the advantages, tax savings up to 30%, and a comprehensive impact on your financial well-being...

Posted Under: Income Tax |

Tax Planning Through Set Off And Carry Forward Of Losses

Discover key provisions in tax laws for setting off and carrying forward losses to optimize your tax liability and make the most of your financial planning....

Posted Under: Income Tax |

Impact of New Regime in Direct Taxes on Savings & Investments

Explore impact of India's new tax regime on savings and investments. Learn how changes affect tax deductions, exemptions, and financial choices....

Posted Under: Income Tax |

Tax Planning in the New Normal: Strategies for Individuals & Businesses

As individuals and businesses navigate through uncertainties, adapting tax strategies becomes crucial. This article delves into effective tax planning strategies tailored for the new normal....

Posted Under: Income Tax |

Browse All Categories

CA, CS, CMA (6,911)
Company Law (10,163)
Corporate Law (13,699)
Custom Duty (10,892)
DGFT (5,189)
Excise Duty (5,629)
Fema / RBI (5,797)
Finance (6,530)
Income Tax (50,041)
SEBI (5,365)
Service Tax (4,903)