Tax Planning - Page 4

Taxability of second House under Income Tax Act,1961

People buy a second home for many reasons, which, inter-alia, include as an investment for capital appreciation; to use it as a holiday home; to get a regular stream of income by way of rentals; or to diversify their investment portfolio. Whatever be the reason, an important aspect to be considered at the planning stage is the tax implica...

Read More
Posted Under: Income Tax | ,

Your parents can help you save tax / reduce your tax liability

In this article we have listed four tips to save Tax Through Your Parents which includes 1. By Investment & Share Trading in your parents name 2. By Paying Rent to Parents to claim HRA or Section 80GG deduction 3. By shifting losses on Shares by off market Transactions 4. By doing share trade in Parents Name. ...

Read More
Posted Under: Income Tax | ,

Taxability of Leave Travel Allowance (LTA) – Section 10(5)

Leave Travel Allowance (LTA) is the most common element of compensation adopted by employers to remunerate employees due to the tax benefits attached to it. Section 10(5) of the Income-Tax Act, 1961, read with Rule 2B, provides for the exemption and outlines the conditions subject to which LTA is exempt. Through this write-up, I want t...

Read More
Posted Under: Income Tax |

How New Tax Rules of A.Y 2015 -16 will benefit salaried class in India?

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Dr. Rakesh Kumar Sharma The new Indian government announced its tax rules for the current financial year. But very few announcements were made by new government which could provide relief to salaried class people. The first and the most important amend...

Read More
Posted Under: Income Tax | ,

Tax Structure of A.Y 2015 -16: A relief for salaried class!

The new Indian government announced its tax rules for the current financial year. But very few announcements were made by new government which could provide relief to salaried class people. The first and the most important amendment was in the tax slab. ...

Read More
Posted Under: Income Tax | ,

Tax benefits of investing in mutual funds

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Under the equity/debt mutual funds, you invest a fixed sum of money in a scheme either every month or quarter. When you’re investing in a particular mutual fund, the first thing you need to do to assess its returns is to know […]...

Read More
Posted Under: Income Tax | ,

Tax planning – Its need and ways to do at different stages of life

Direct tax collections is one of the easiest and safest ways of collecting revenues by the Government. In spite of our greatest reluctance all of us are in the tax net and contribute a sizeable portion of the revenue of the exchequer. The law provides for levying of taxes at different stages and forms of income ....

Read More
Posted Under: Income Tax |

Let your Investments Evolve With Your Life

As we progress in life, our goals and milestones are modified. Not only have we changed the way we live but we also change our perception of the future. Our life’s goals include factors such as travelling, medical benefits, financial independence and zero liabilities. ...

Read More
Posted Under: Income Tax |

Creation of HUF – Tax Planning Advantage

Tax Planning is an important agenda of any individual. People often end up paying taxes even after exhausting their limits under Section 80C, 80 D and so on. However, do you know that a very important tool which is often overlooked, is formation of a HUF, which is a legitimate way of reducing your tax liability....

Read More
Posted Under: Income Tax | ,

Some Income tax provisions to know, to avoid service of I-T notice at your door

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II CA Sunil Hukkeri Central Processing Center of IT department is smart to detect small transactions also CPC for electronic tax returns in Bangalore and CPC (Vaishali in Ghaziabad) for tax deducted at source (TDS) are working as the right hands of Govern...

Read More
Posted Under: Income Tax | ,
Page 4 of 6« First...23456

Browse All Categories

CA, CS, CMA (3,401)
Company Law (3,300)
Custom Duty (6,465)
DGFT (3,371)
Excise Duty (4,011)
Fema / RBI (3,191)
Finance (3,348)
Income Tax (24,683)
SEBI (2,686)
Service Tax (3,273)