[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/07/tax-2-thinkstock.jpg"] Tax will be reduced significantly if Sharma claims deduction for the treatment and maintenance of a disabled dependant under Sec 80DD. [/column] [column lg="6" md="12" sm="12" xs="12" ] Bengaluru-based software … [Read more...] about How claiming medical expenses under section 80DD can reduce Sharma’s tax outgo
Why salaried Maduri needs to rejig pay structure to cut tax
[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/07/tax7-thinkstock.jpg"] More tax can be saved if he shifts out of fixed deposits and invests in debt funds. [/column] [column lg="6" md="12" sm="12" xs="12" ] Phaneendra Maduri is paying a high tax because his pay structure is quite skewed. His … [Read more...] about Why salaried Maduri needs to rejig pay structure to cut tax
How professional Mavalankar can save tax via NPS, rejigging perks
[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/07/tax23-thinkstock.jpg"] The medical reimbursement and conveyance allowance in her salary are now taxable following the introduction of standard deduction. [/column] [column lg="6" md="12" sm="12" xs="12" ] Varsha Mavalankar is an IT professional … [Read more...] about How professional Mavalankar can save tax via NPS, rejigging perks
Are low-cost Ulips worth investing in?
[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/07/download.jpg"] [/column] [column lg="6" md="12" sm="12" xs="12" ] HIGHLIGHTS Ulips have come a long way since the days of high commissions and rampant mis-selling. Find out if you should invest in these plans … [Read more...] about Are low-cost Ulips worth investing in?
How new taxpayer Malavika can cut outgo by 96%
[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/07/tax-0-thinkstock.jpg"] [/column] [column lg="6" md="12" sm="12" xs="12" ] Malavika Anil is 27 and works in Bengaluru. She has not done any tax planning yet and her only tax saving investment is the mandatory PF contribution. As a result, her tax … [Read more...] about How new taxpayer Malavika can cut outgo by 96%