Tax optimiser: How salaried Sharma can save Rs 11,400 tax……..

Tax optimiser: How salaried Sharma can save Rs 11,400 tax via tax-free perks The medical and transport allowances in Sharma’s pay are now taxable. If these are replaced by reimbursements for telephone expenses and food coupons, he stands to save more in tax. Pune-based automobile engineer Vijay Sharma has a very tax-friendly salary structure. He […]

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Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via

Tax optimiser: How salaried Karthik can save Rs 1 lakh tax via perks, NPS Hyderabad-based software engineer Ganesh Karthik pays a high tax because his pay structure is not tax friendly. House rent allowance is the only tax-free portion of his salary and that too gets partially taxed. Taxspanner estimates that Karthik can save almost […]

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Proof Submission 2018-19: Points to Note to Save Maximum Tax!

Proof Submission activity for FY 2018-19 is just around the corner and you must already be assessing various tax saving investment options under Section 80C. With focus being on exhausting 80C limit, it’s highly possible that you end up investing in options that are not suitable for you. Here are the Key Points to Note: Calculate your tax liability before investing […]

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