Tax optimiser: How Shah can cut tax by Rs 42,000 via tax-free perks, NPS Pune-based finance professional Anju Shah has just joined a new company that allows her to structure her compensation package. Taxspanner estimates that Shah could save over Rs 42,000 in tax if she opts for tax-free allowance and the NPS benefit offered […]
Tax optimiser: Salaried Chaddha can save over Rs 71,000 in tax via
Tax optimiser: Salaried Chaddha can save over Rs 71,000 in tax via NPS, perks Gurgaon-based finance professional Rajeev Chaddha earns well but nearly a fifth of his income goes in tax because his compensation package is very tax unfriendly. Taxspanner estimates that Chaddha can save over Rs 71,000 in tax if his company offers him […]
Start-up on your mind? Opt for LLP
LLP is a platform where business can be carried out as a partnership, but with the limited liability of partners In LLP, partners are safe against wrongdoings of other partners Entrepreneurship and start-ups have become the buzzwords in the past few years than ever before. Stories of MBA graduates rejecting campus placements and starting something […]
How salaried Tushar can save Rs 1.3 lakh tax via perks, NPS
Tax optimiser: How salaried Tushar can save Rs 1.3 lakh tax via perks, NPS Not only should you ask your employer/company for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. Hyderabad-based software professional Tushar Ranka pays a very high tax because […]
Your employer can help you reach zero-tax income level of Rs 5L
Your employer can help you reach a zero-tax income level of Rs 5 lakh: Here’s how Here are six benefits that can help the salaried bring down the taxable component of income from the employer. Salaried taxpayers are eligible for many tax-advantaged benefits. Here are six benefits that can bring down the taxable component […]
Tax optimiser: Why Sinha should invest in NPS to save more tax
Sinha should start by asking her company for a few tax-free perks, such as reimbursements for telephone and newspaper bills and food coupons. Mumbai-based software professional Shweta Sinha pays a low tax because her salary structure is quite tax friendly. But it is possible to reduce it further. Taxspanner estimates that Sinha can reduce […]
Tax optimiser: How salaried Sharma can save Rs 11,400 tax……..
Tax optimiser: How salaried Sharma can save Rs 11,400 tax via tax-free perks The medical and transport allowances in Sharma’s pay are now taxable. If these are replaced by reimbursements for telephone expenses and food coupons, he stands to save more in tax. Pune-based automobile engineer Vijay Sharma has a very tax-friendly salary structure. He […]
Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via
Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via perks, NPS Hyderabad-based software engineer Ganesh Karthik pays a high tax because his pay structure is not tax friendly. House rent allowance is the only tax-free portion of his salary and that too gets partially taxed. Taxspanner estimates that Karthik can save almost […]
10 tax related tasks you need to finish before end of financial
10 tax related tasks you need to finish before end of financial year You need to link your permanent account number (PAN) to your Aadhaar by March 31, 2019 for the filing of income tax return. In case you have incurred capital gains during the year, it is better to pay the capital gains tax […]
Perks, medical cover can help salaried Shah save..
Tax optimiser: Perks, medical cover can help salaried Shah save about Rs 13,000 in tax Pune-based Hiten Shah’s salary structure is already quite tax friendly and he has invested in all tax saving instruments so there is little scope to reduce the tax. Even so, Taxspanner estimates that Shah can reduce his tax by about […]
