Restructure your salary this week, save additional tax with NPS

save tax with NPS, save tax, tax optimization, taxoptimizer

April & May is the time when your company allows you to restructure your CTC which helps you to optimize your taxes and accordingly declare your investments. Moreover, your company has rolled out the New Pension System (NPS), now employees can save additional tax of up to 1-3% of their basic salaries. If a company puts 10% of the basic salary […]

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Invest In Tax-Saving Instruments To Meet Financial Goals

Investment – Taxpayers’ habit of last minute rush to save tax is often cashed in by the financial instrument providers and advisors to meet their sales target instead of identifying and matching the investor financial needs. There is a rush for identifying tax-saving investments during the annual ritual of submitting investment proof. Often in this […]

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Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15

(As per Press Release issued by Central Board of Direct Taxes (CBDT) on December 22, 2016) The Non-filers Monitoring System (NMS) was rolled out for identification of non-filers with potential tax liabilities. Data analytics carried out by the Systems Directorate of Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific information is available […]

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