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 her tax by almost Rs 30,000 … [Read more...] about Tax optimiser: Why Sinha should invest in NPS to save more tax
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 has also utilised most of the … [Read more...] about Tax optimiser: How salaried Sharma can save Rs 11,400 tax……..
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 Rs 1.1 lakh if he gets some tax-free … [Read more...] about Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via
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 before March 31st [thumbnail target="_self" … [Read more...] about 10 tax related tasks you need to finish before end of financial
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 Rs 13,000 if he gets a few tax-free perks and buys medical … [Read more...] about Perks, medical cover can help salaried Shah save..
