Tax Saving

Sebi proposes allowing OBPPs to offer IFSCA products, tax-saving bonds

Markets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by International Financial Services Centres Authority (IFSCA) and certain tax-saving bonds under the Income Tax Act. Currently, OBPPs can offer products or securities or services regulated by a financial sector regulator such as Sebi, Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (Irdai), and Pension Fund Regulatory and Development Authority (PFRDA) . However, there is no provision to permit OBPPs to offer products or securities or services that are regulated by IFSCA. "In view of the request made by IFSCA and to promote ease of doing business, it is proposed that OBPPs may be permitted to offer products or securities or services regulated by IFSCA, in compliance with applicable guidelines under the Foreign Exchange Management Act (FEMA), 1999, including Overseas Investment Rules and limits under the Liberalised ..

Tax-saving investments? Hidden costs may quietly eat into your returns

Tax benefits may look attractive, but these hidden charges can reduce your actual returns over time

Tax-saving contributions face March 31 deadline; align investments wisely

Last-minute choices made without considering needs could exact a high financial price

Align tax saving with your financial goals, horizons, and liquidity needs

Begin making these investments now, based on informed choices, instead of waiting till the last moment when mistakes are more likely

2025's most overlooked tax-saving opportunities: See which ones you missed

From Section 80D to home-loan perks, here's what many taxpayers overlooked last year

Section 54F: The little-known route to saving big on capital gains tax

A closer look at Section 54F, the legal tax strategy letting Indians cut capital gains tax by reinvesting sale proceeds into residential property

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

As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.

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

Running a small business or working as a freelancer? You might be eligible to pay tax on only 50% of your income! This is possible under a special program in India called the Presumptive Tax Scheme.

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