(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 Optimization
Here’s How your Employer Can Help you Save Tax
(As published in ET Wealth on December 5, 2016 and Times of India on December 12, 2016) Over the next few weeks, companies across India will start collecting investment proof from employees to calculate the TDS on their salaries. This statutory obligation has become an annual ritual over time, and most companies treat it as a compliance cost. However, a company with a … [Read more...] about Here’s How your Employer Can Help you Save Tax
Narkhede can cut tax by investing in NPS, buying health insurance
Swapnil Narkhede earns well, but pays a very high tax because his salary structure is not very tax friendly. Taxspanner estimates that the Mumbai-based engineer can cut his tax by nearly Rs 45,000 if he puts more into the NPS and buys health insurance for his family. Narkhede should ask his employer to put 10% of his basic pay in the NPS under Section 80CCD(2d). If Rs 98,400 is … [Read more...] about Narkhede can cut tax by investing in NPS, buying health insurance
Narayanan to put more in NPS, buy family health cover to cut tax
Sankaran Narayanan, 34, works for a company that lets employees restructure their salary structure. TaxSpanner estimates that the Bengaluru-based professional can reduce his tax by nearly Rs 45,000 if he puts more into the NPS and buys health insurance for his family. Narayanan should start by asking his company to put 10% of his basic pay in the NPS under Section 80CCD(2d). If … [Read more...] about Narayanan to put more in NPS, buy family health cover to cut tax
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