Taxpayers are in control to avoid delays in refund Taxpayer’s around the world have a happy day when a refund cheque or credit arrives. Most of those claimed in India are getting a refund faster, i.e., 2-3 month time or maybe less. But those not received are most likely responsible themselves for the delay in getting a refund because most of the reason is in your … [Read more...] about Taxpayers are in control to avoid delays in refund
Tax Refunds
How NRIs can win the Tax 20-20
A guide to save tax for NRIs and optimize their tax outgo. Ever since India embraced globalization in the early 1990s, a large number of Indians have moved to foreign countries for work. Moving abroad also changed their tax status. Any Indian who stays in the country for less than 182 days in a financial year is categorized as a non-resident Indian (NRI). The tax rules for NRIs … [Read more...] about How NRIs can win the Tax 20-20
Restructure your salary this week, save additional tax with NPS
April & May is the time when your company allows you to restructure your CTC which helps you to optimize your taxes and accordingly declare your investments. Moreover, your company has rolled out the New Pension System (NPS), now employees can save additional tax of up to 1-3% of their basic salaries. If a company puts 10% of the basic salary of an employee in the NPS, that … [Read more...] about Restructure your salary this week, save additional tax with NPS
Invest In Tax-Saving Instruments To Meet Financial Goals
Investment - Taxpayers’ habit of last minute rush to save tax is often cashed in by the financial instrument providers and advisors to meet their sales target instead of identifying and matching the investor financial needs. There is a rush for identifying tax-saving investments during the annual ritual of submitting investment proof. Often in this stampede taxpayers throw … [Read more...] about Invest In Tax-Saving Instruments To Meet Financial Goals
6 Reasons for Your Higher Taxes and Poor Tax Management
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: Higher taxes poor tax management 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 … [Read more...] about 6 Reasons for Your Higher Taxes and Poor Tax Management
