(As Published in the Economic Times on November 8, 2016) Tax professionals have welcomed the move by the Modi government to ban the Rs 500 and Rs 1000 notes with immediate effect. “It is a drastic but positive step that will help stamp out the menace of black money,” says tax and investment expert Balwant Jain. Jain says if you have Rs 500 and Rs 1,000 notes lying with you, … [Read more...] about Tax Professionals Welcome Move to Ban Rs 500-1,000 Bank Notes
30 Things that Tax Optimization Can Do for You
Tax Optimization comprises of answers to the below mentioned questions: Why and how you should structure the CTC? Why and how you should plan for taxes in case of job change? Why and how you should plan 80C investments for next 5 & more years? Why and how you should avoid car and personal loans? Why and how you should plan for life insurance? Why and how you … [Read more...] about 30 Things that Tax Optimization Can Do for You
Reasons for Your Higher Taxes and Poor Tax Management
Here are a few tax management choices that determine you tax outgo and why you could be paying more taxes than your peers in the same income and age group: Tax Expert vs. Assumptions : Tax experts have complete and accurate knowledge of tax laws just like you must have in your domain. Since you are not as aware about tax laws as an expert, decisions made based on your own … [Read more...] about Reasons for Your Higher Taxes and Poor Tax Management
Be Tax-Wise When Investing in Stocks to Maximise Gains
(As published in ET Wealth on December 12, 2016) Short-Term And Long-Term Capital Gains From Stocks Nearly every investor knows that short-term capital gains from stocks get taxed at 15%, and long-term capital gains are tax-free. But not many investors are aware of the other tax benefits and regulations. For instance, short-term losses from stocks can be adjusted against … [Read more...] about Be Tax-Wise When Investing in Stocks to Maximise Gains
TAX OPTIMIZER – HOME LOAN, NPS CUT TAX BY Rs 82K
(As published in Time of India on December 5, 2016) Nearly everybody thinks that he pays too much tax. But in most cases the taxpayer does not make the best use of the tax benefits avaliable to them. Sudhir Kaushik of Taxspanner tells readers how they can restructure incomes, investments and expenses to optimise their tax. Though he earns well, Surender Kumar pays a very high … [Read more...] about TAX OPTIMIZER – HOME LOAN, NPS CUT TAX BY Rs 82K
