Tax Savings

Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your tax burden and simplify filing.

Sell, buy back and save: Here's how tax harvesting can maximise your returns

Tax harvesting can help investors minimise tax liability by offsetting capital gains with losses, optimising returns and legally reducing taxes, making it a useful tool for tax savings

Last-minute tax-saving tips: Should you invest in NSC and tax-saving bank fixed deposits?

Investment in NSC makes sense for conservative investors at this moment, says a Mumbai-based mutual fund distributor. However, investments in NSC and tax-saving FDs come with a five-year lock-in, which is comparatively higher than the three year lock-in on ELSS.

Tax-saving FDs: These banks offer up to 7.6% interest rate

If you haven’t started your tax planning, do it now as we are just a few weeks away from March 31. Risk-averse investors and those in lower tax brackets can look at tax-saving fixed deposits.

Tax-Saving FDs: These banks offer up to 7.6% interest rate

Tax-saving bank fixed deposits give Section 80C tax deduction benefits up to an amount of Rs 1.5 lakh. But these FDs come with a 5-year lock-in. Smaller private banks and small finance banks top the FD interest rate charts on tax-saving deposits

Budget 2023: Allow deductions, hike threshold for levying peak 30% tax to make optional tax regime attractive: Experts

A 5 per cent tax is levied on total income between Rs 2.5 lakh and Rs 5 lakh, 10 per cent on Rs 5 lakh to Rs 7.5 lakh, 15 per cent on Rs 7.5 lakh to Rs 10 lakh, 20 per cent on Rs 10 lakh to Rs 12.5 lakh, 25 per cent on Rs 12.5 lakh to Rs 15 lakh, and 30 per cent on above Rs 15 lakh.

Save Tax and Build Wealth | These banks offer up to 7.25% interest on tax-saving fixed deposits

Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits

Save Tax and Build Wealth: 10 banks that offer up to 6.75% interest on tax-saving fixed deposits

Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits

Tax-savings schemes: Best tax-saving options and schemes inn India

Tax Savings Scheme: Identify the best schemes that can help you to save taxes. Check-out some of the popular and best tax saving schemes in India at present that can help you to save a chunk of your tax payments legally. Click here to know more!

Tax-saving mutual funds: Best tax-saving mutual fund in India

Some of the mutual funds offer tax benefits which are popularly known as tax saving mutual funds. Click here to see the top & best performing tax saving mutual fund at Moneycontrol. Learn how tax saving mutual fund works, including its key features and benefits.

Money Ki Baat | What the common man expects from Budget 2019

Although not much is expected since it is an interim Budget, the middle-income group does hope the minimum tax structure is raised from Rs 250,000 to Rs 500,000.

Money Ki Baat | Here is what's burdening the common man's wallet

In this new series called "Money Ki Baat", Moneycontrol's M Saraswathy and Jerome Anthony speak with individuals to find out what pinches their pockets the most.

Managing Money with Moneycontrol | Best tax saving options

We discuss the exemptions and deductions you can avail of, what exactly is Section 80C, and much more.

Five mistakes you must avoid while planning your taxes at the last minute

If you are going to open a PPF account at the last minute or going to buy an investment product issued by a life insurance company, you are going to commit payments in future

Which investment is best suited for you to save tax

The type of tax-saving instrument one chooses should depend a lot on the risk profile, age and fund availability as well as income bracket of an individual.

Tax planning: Invest only after evaluating the options

One must understand the available investment options for saving income tax. An option chosen after due diligence can help you to achieve various financial needs.

Emerging enterprises hail PM Modi's Startup India action plan

New enterprises today applauded Prime Minister Narendra Modi's Startup India action plan, saying it will help them gain foothold and encourage more entrepreneurs to start businesses.

Bearish real estate sector: Time to take a home loan?

Potential property buyers must keep a track of property prices, the home loan interest rates and the tax benefits associated with it. A comparative analysis can help arrive at the right answer.

Money Money Money: Here's your year-end tax planning guide

Watch the interview of Harsh Roongta, SEBI certified Finance Advisor with Sumaira Abidi on CNBC-TV18, in which he spoke about benefiting from tax breaks and other tax saving methods for everyone.

Why real estate investment is logical in sluggish markets

It makes a lot of sense to buy a property after due diligence in the right location in the depressed market. There is a high possibility that it will deliver high returns in the long term.

Union Budget 2015: Will Jaitley walk the talk on big hike in I-T exemption?

Less than a year into the hot seat, Jaitley appears to be grappling with the practical difficulties in raising the income tax exemption limit steeply

Link your tax planning to your retirement planning goal

One way to have disciplined tax planning is to link your tax savings investments to your retirement goal. The idea for linking tax planning to your retirement goal is important since all the tax savings instruments have a lock-in period of 3 to 15 years.

Can creating a HUF save more tax?

Ramalingam K of holisticinvestment.in discusses the possibilities of saving more tax if a Hindu Undivided Family (HUF) is created. However, he also discusses the cons of having this sort of a business setup.