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: 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 aware about tax laws as an expert, decisions made based on your own … [Read more...] about Reasons for Your Higher Taxes and Poor Tax Management
Tax Refunds
Be Tax-Wise When Investing in Stocks to Maximise Gains
(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 OPTIMIZER – HOME LOAN, NPS CUT TAX BY Rs 82K
(As published in Time of India on December 5, 2016) Nearly everybody thinks that he pays too much tax. But in most cases the taxpayer does not make the best use of the tax benefits avaliable to them. Sudhir Kaushik of Taxspanner tells readers how they can restructure incomes, investments and expenses to optimise their tax. Though he earns well, Surender Kumar pays a very high … [Read more...] about TAX OPTIMIZER – HOME LOAN, NPS CUT TAX BY Rs 82K
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
Direct Tax Burden-Experts’ Advice on How Budget 2017
(Direct Tax Burden-Experts' Advice on How Budget 2017 - As Published in ET Wealth on November 19, 2016) Direct Tax Burden - As North Block has begun work on the Finance Bill 2017, ET Wealth reached out to experts from the financial services industry to know what they want to see in the coming Budget. Here are suggestions from some experts for Finance Minister Arun Jaitley and … [Read more...] about Direct Tax Burden-Experts’ Advice on How Budget 2017