List of Tax Saving Tax Planning Articles

Everyone wants to save more, and create a financially stable future that covers every expense even without a regular source of income.

According to the Indian Stamp Act, 1899, the Central Government levies stamp duty on the exchange of instruments, where an instrument is defined as any document by which any right or liability is created, or is purported to be created, transferred, limited, extended, extinguished or recorded.

One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in the e-filing website. Form 26AS is not only an important document but also one of the most authentic records of how much tax has been deposited by your deductor into the government account.

Minimum support price (MSP) for agricultural produce. Fresh talks have begun over the governments move of hiking the MSP to 50% over production cost and whether it will benefit farmers. Let us look at whether the move makes sense given that it has always been one of the major demands in all of the farmer movements in the country.

Understand the concept of Angel Tax, its impact on startup funding, and how it influences investments from angel investors. Learn more with India Infoline.

Saving money by reducing your tax liability requires groundwork. It’s called tax planning.

Everyone wants to save more, and create a financially stable future that covers every expense even without a regular source of income.

Paying taxes is an inevitable part of being a working-class citizen or entrepreneur/business owner.

At the end of the financial year, every earning individual has one thing on their mind: income tax filing.

Retirement: the twilight years of your life. Whether your retirement will be peaceful or not, depends on the bank balance you have managed to accumulate through your working life.

Income tax paid by citizens constitutes a major chunk of the government’s revenue. It is imperative to pay taxes for the smooth functioning of the economy.

Professional tax is a popular term, especially among salaried individuals. The payslips and Form 16 issued to salaried individuals evidently mention the deduction of this tax.

Every income tax-paying individual must file an income tax return every year. However, some are exempt from filing tax returns or having a certain limit for which they do not need to pay taxes.

The government collects taxes in the form of income tax, direct taxes and indirect taxes. Direct taxes are paid to the government directly from the individual earning money. On the other hand, indirect taxes are the seller’s responsibility to deposit with the government.

A frequent question that arises in the mind of homeowners is who can claim tax benefits on a second home loan. As per banking laws, there are no restrictions on the number of home loans a person can take.