View quick summary There are many ways to gain income tax exemption. One way is to invest long-term capital gains from sale of property in another house. NO income tax will be charged if you sell a residential property and invest the net capital gains (difference in the selling price and the indexed cost of the property) in the purchase or construction of another residential … [Read more...] about Save Tax by Investing Long Term Capital Gain in House Property
eFiling – A Win-Win Proposition: A Case Study
View quick summary This case study on the value proposition of eFiling was conducted by Aon Hewitt in association with TaxSpanner.com. The Problem Statement: July is one of the busiest months for all employees not because they are working hard but because they are all tied up with filing their tax returns. In majority of cases, either the employees submit their tax returns … [Read more...] about eFiling – A Win-Win Proposition: A Case Study
Reduce Tax Liability through Donations!
View quick summary Reduce tax liability by making donations under Section 80G! Under this section you can claim deduction if you have made a donation to an approved fund or a charitable institution, such as, Prime Minister’s Relief Fund, National Children’s Fund, or CRY. This deduction is over and above other deductions such as 80C. Some donations, like those to Prime … [Read more...] about Reduce Tax Liability through Donations!
How India Files its Tax Returns – Trends
View quick summary According to a study conducted by TaxSpanner, here are some interesting trends amongst Indian taxpayers: ITR Filing Patterns of Salaried Individuals In India: Late filing doesn’t reflect complexity in the financials of the late filers. Around 96% of late filers had no other income except salary. Bangalore leads in terms of late fliers at 39% followed by … [Read more...] about How India Files its Tax Returns – Trends
Celebrate@TaxSpanner !
Manoj sir's birthday party was a romantic experience. In the celebration were 2 couples: Ankur sir and his wife, Rita ma'am and Manoj sir with his wife, Richa ma'am. And adding pulse to the romantic air were the voices of Team TaxSpanner. Here are some glimpses of those beautiful moments caught on camera. … [Read more...] about Celebrate@TaxSpanner !
