View quick summary Mutual fund’s Systematic Withdrawal Plan (SWP) offers great value in terms of tax free monthly expenses after retirement. Systematic withdrawal plan is the opposite of system investment plan (SIP). You can receive commuted pension at retirement and put the money in SWP. It is convenient to manage SWP through ATMs / internet as compared to NSC or post office … [Read more...] about SWPs : Great Value for a Tax Free Retirement
Tax Refunds
Reduce Tax Liability through Donations!
View quick summary Reduce tax liability by making donations under Section 80G! Under this section you can claim deduction if you have made a donation to an approved fund or a charitable institution, such as, Prime Minister’s Relief Fund, National Children’s Fund, or CRY. This deduction is over and above other deductions such as 80C. Some donations, like those to Prime … [Read more...] about Reduce Tax Liability through Donations!
eFiling – A Win-Win Proposition: A Case Study
View quick summary This case study on the value proposition of eFiling was conducted by Aon Hewitt in association with TaxSpanner.com. The Problem Statement: July is one of the busiest months for all employees not because they are working hard but because they are all tied up with filing their tax returns. In majority of cases, either the employees submit their tax returns … [Read more...] about eFiling – A Win-Win Proposition: A Case Study
Save Tax by Investing Long Term Capital Gain in House Property
View quick summary There are many ways to gain income tax exemption. One way is to invest long-term capital gains from sale of property in another house. NO income tax will be charged if you sell a residential property and invest the net capital gains (difference in the selling price and the indexed cost of the property) in the purchase or construction of another residential … [Read more...] about Save Tax by Investing Long Term Capital Gain in House Property
Celebrate@TaxSpanner! : Manoj Yadav
Manoj's birthday party was celebrated with the romantic "candle light dinner" concept. The soft, tremulous shimmer of candle light blended with the glittering voices of Team TaxSpanner; every member sang a romantic melody that sprinkled abundant love. … [Read more...] about Celebrate@TaxSpanner! : Manoj Yadav