Tax Optimizer – Frequently Asked Questions About Tax Optimizer: Q: What is Tax Optimizer (TO)? A: Tax Optimizer (TO) helps you optimize taxes, i.e., to plan and save more tax within your CTC. It also helps to cut your tax outgo by restructuring income, expenses and investments for deduction in the year based on the tax laws (Click here to know more). TO’s prime objective is … [Read more...] about Tax Optimizer helps in maximum tax saving as well as financial wellbeing of salaried employees
Tax Refunds
Tax optimiser: Engineer Sharma can cut tax by Rs 50,000 via NPS, perks
By Sudhir Kaushik of Taxspanner.com Surat-based engineer Nitin Sharma pays a high tax because his pay structure is not tax friendly. Although he claims almost all the deductions available to him, including HRA and home loan interest, more than 15% of his income goes in tax. Taxspanner estimates that Sharma can reduce his tax by more than Rs 50,000 if he gets a few perks and … [Read more...] about Tax optimiser: Engineer Sharma can cut tax by Rs 50,000 via NPS, perks
Kar Se Ghar
How to get a 15% increment every year and retire rich. PMAY is the cherry on the cake! Dear Taxpayer, If you are earning Rs 12 lakh a year, your total tax should be roughly Rs 1.5 lakh. Despite a tax efficient salary structure, sound investment advice and your own expertise of tax planning, more than 12% of your income would still get eaten up by tax The higher the income, … [Read more...] about Kar Se Ghar
Tax optimiser: NPS, health insurance can help Kohli save Rs 33,000 tax
Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. By Sudhir Kaushik of Taxspanner.com Noida-based finance professional Sanjeev Kohli pays a high tax because his salary package has very few tax-free perks. This despite the fact that he claims exemption for HRA … [Read more...] about Tax optimiser: NPS, health insurance can help Kohli save Rs 33,000 tax
Tax optimiser: How Choudhury can save Rs 57,000 in tax via NPS
Tax optimiser: How Choudhury can save Rs 57,000 in tax via NPS and other deductions Hyderabad-based IT professional Ranjan Choudhury pays a high tax because his salary is not very tax friendly and he doesn’t avail of some deductions. Taxspanner estimates that Choudhury can save more than Rs 57,000 in tax if he claims deduction for his special child, his company offers him the … [Read more...] about Tax optimiser: How Choudhury can save Rs 57,000 in tax via NPS
