April 03, 2020 09:51 AM IST Banks may have to align systems to accept deposits for a previous financial year
February 26, 2020 10:09 AM IST Investors must understand as to how the change works before committing to any tax regime
February 06, 2020 09:18 AM IST If you are a rich salaried individual and yet struggle to use all deductions and exemptions, you need to improve your awareness levels and investment habits
February 05, 2020 11:59 AM IST A steady increase in the impact of exemptions on tax revenue is a good enough reason to wean people from tax sops
February 03, 2020 09:53 AM IST The ‘simpler’ tax regime comes with embedded complications, triggering confusion rather than a sense of relief
February 01, 2020 05:22 PM IST Taxpayers, especially those in the higher income groups, are unlikely to benefit from the new income tax regime.
January 24, 2020 09:04 AM IST It would be better to link them to long-term goals such as retirement
January 22, 2020 09:12 AM IST Everyone is looking forward to the prospect of saving more taxes
January 17, 2020 10:15 AM IST Here are some important exemptions/deductions for reducing your tax outflow
January 07, 2020 08:50 AM IST Know the various provisions that can help you optimise tax benefits on offer
December 04, 2019 08:51 AM IST Various income-tax deductions and allowances are calculated and allowed only upon submission of proofs by an employee
September 25, 2019 10:34 AM IST The Tier 1 account is covered under EET (Exempt Exempt Taxed) regime
August 21, 2019 08:51 AM IST Strictly speaking, since the fee has been paid by the employer, it does not satisfy the condition of ‘paid by the individual’ and hence should not qualify for a deduction in the hands of the employee.
July 05, 2019 07:36 AM IST Increase in basic exemption limits, enhancement in home loan interest deduction and easing of the tax filing process are eagerly awaited
June 05, 2019 11:07 AM IST In the case of a jointly-owned property, each co-owner is liable to pay tax on his/her share of the rental income
February 02, 2017 11:37 AM IST Those earning under Rs 5 lakh will benefit the most, while the super-rich will feel the pinch.
February 20, 2015 01:47 PM IST Raising investment limit under Sec 80C will improve domestic saving and channelize it into infrastructure financing. Creation of a separate investment deduction limit for insurance will help insurance industry to grow and meet long term financing needs.
January 15, 2014 03:56 PM IST One will enjoy tax deduction either as per section 80C or section 80D or any other section of the Income-tax Act when you make the investment today or you make the investment at any point of time before 31st March 2014.
May 23, 2013 12:16 PM IST There are often questions in the mind of investors whether a mutual fund that they have chosen for the purpose of investment will get the benefit of Section 80C deduction.
April 16, 2013 02:39 PM IST Normally people do their investment planning at the fag end of the month of March, hence majority of life insurance policies are purchased on tax considerations only and that too in the last quarter of the financial year.
February 14, 2013 03:52 PM IST Professionals are clamouring for a rise in current tax exemption limit of Rs 200000 to atleast Rs 300000 in line with the inflation, so that monthly disposable income is slightly higher.
January 30, 2013 03:18 PM IST The limit of deduction for interest payable on loan taken to acquire a self- occupied property was fixed at Rs. 1,50,000/- in 2001, which is a good 12 years ago. The increase in real estate prices since than has completely eroded the value of this deduction and this clearly needs an upward revision.
January 16, 2013 12:02 PM IST Most of the salaried employees might have received a reminder from the HR for submission of proofs of tax saving investments.
January 11, 2013 02:43 PM IST In CNBC-TV18's personal finance segment today, Pankaj Mathpal of Optima Money Managers highlights the tax and income benefits on a residential property. Mathpal believes that a self-occupied house gives lesser tax deductions than a rented house.
December 31, 2012 12:34 PM IST In case you do not yet own your own residential house property then it is time now to start investing in new residential house property so that you can have your dream house.
