Tax Saving

Donations to Ayodhya Ram Mandir can help you save taxes: Here is how

You can claim a 50% deduction on your donation under Section 80G of the Income Tax Act

Time for a relook at tax on buybacks to boost shareholder returns

The legal and regulatory framework governing buybacks is primarily under the Companies Act, 2013, and the Sebi Buyback of Securities Regulations, introduced in 1998 and updated in 2018 and 2023

Old tax regime vs new tax regime: How to choose and switch

Charting a new growth path: New tax regime eases middle-class burden

Share of middle class in income tax increased till 2023-24 while TDS has been rationalised by reducing the number of rates and adjusting threshold limits

ELSS, PPF: Tax-saving investments to consider before the year-end

Effective tax planning is essential for reducing tax liabilities and enhancing income. The Income Tax Act outlines various deductions for investments, savings, and expenses incurred during a financial

Overlook recent outflows and invest in ELSS if you are in old tax regime

They remain attractive for investors having higher risk appetite and longer horizon

Save tax with this scheme: Pay tax on only half your income

Last-minute tax planning? Take a look at the best income tax saving schemes

Tax planning is your weapon to dodge tax bullets and boost your bank balance. The Income Tax Act offers numerous opportunities for your investments, savings, and expenses. Take a look at the schemes

Fund pick: Franklin India ELSS Tax Saver

Fund pick: Franklin India ELSS Tax Saver

Preventive online health checkups rise 50% in India: Simpl Checkout Scan

Lifestyle-based checkups including diabetes, vitamin deficiency and hair fall, apart from comprehensive full-body checkups, are the most preferred by Indians

Tax savings: Give loan, not gift, to spouse to avoid income clubbing

Documentation of the loan agreement is crucial to avoid treatment as gift

How to save money? Here are the 10 ways to save your tax in FY 2023-24

If you are a salaried employee and want to save your money, here are the 10 ways to save your financial tax under Income Tax, 1961

Trim your tax bill by doing this: Gift money, pay rent to your parents

An effective tax-saving strategy involves transferring funds to your parents, especially if they are in a non-taxable or lower tax bracket

Form 12BB: Things to know about investment declaration tool for tax saving

Form 12BB, a key investment declaration document, can be used by the employees who fall under the taxable income bracket to claim deductions

Tax loss harvesting: Reduce tax liability, improve quality of portfolio

Transaction costs, price fluctuations may nullify the benefits of this exercise

Managing rent, setting up investment strategy: Top personal finance stories

What tenants should ask from landlords in rent agreements; how to bring discipline in your market play. Our newsletter explains

Explained: How to structure your salary to reduce your tax burden

When an employer when employees a person, he specifies his cost to the company (C.T.C). It means that the organization is going to spend that much amount per year to employ that person

Avoid these common errors in self-assessment tax calculation

PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31

From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses

Ask for a benefit illustration of the 'tax-saving' plan you're being sold

Before investing in any tax-saving products, investors need to be aware of mis-selling strategies and must do their due diligence