Salary TaxOptimizer is a CA assisted subscription service that helps you minimize your tax payment through: - An online tool that redesigns your salary package to provide more tax-efficient options.You get detailed computation of 35 important variables which determine your tax payment. - Premium ITR filing, assisted by a Chartered Accountant. - Access to a Chartered Accountant … [Read more...] about Tax Optimizer Salaried Employees
CTC – CHANGE with TAX CHANGES: NPS
Why it is beneficial to change CTC structure with the changes in tax laws? Both the employer as well as the employee can save money by rejigging the salary. There have been many changes in the tax laws in recent years. However, most taxpayers as well as employers are working with the same mindset and an archaic CTC structure. In this new section, CA Sudhir Kaushik, our … [Read more...] about CTC – CHANGE with TAX CHANGES: NPS
I-T Declaration Time: Declare your Tax Innings in Style
View quick summary Very soon, your employer will ask you to submit Tax Declaration for Financial Year 2012-13. Based on your declaration, the HR/Finance department of your company calculates the Tax Payable by you. TDS is deducted accordingly, starting with your April salary. Think about it. If your employer plans to ensure that a reasonable tax payment is made by you over 12 … [Read more...] about I-T Declaration Time: Declare your Tax Innings in Style
How to Plan Your Taxes
View quick summary You know it’s time. It’s April and your employer has asked you to submit I-T declaration. You understand that tax planning has to start at the beginning of the financial year. But, how do you go about it? Our tax expert CA Sudhir Kaushik shows you the way. Misconceptions about Tax Planning Most taxpayers confuse tax saving with tax planning. It is due to … [Read more...] about How to Plan Your Taxes
E-filing mandatory for individuals holding accounts or assets abroad
Most individuals who have travelled outside India for jobs, open a bank account in the visited country. In most cases, the account is not closed. Then, there are some individuals who own a residential house property outside India. They may not go there or have any taxable income. Yet, all individuals falling in any of the above categories need to file their income tax return … [Read more...] about E-filing mandatory for individuals holding accounts or assets abroad
