(As Published in Times of India and Economic Times on December 27, 2010) Financial planners contend that couples should ideally combine their finances. The meshing together of the investments of the husband and wife not only strengthens the household's financial fibre but gives them a comprehensive view of the real situation. However, the taxman has set limits to this joining … [Read more...] about How To Cut Tax By Investing In Spouse’S Name
income tax saving
7 Tax Mistakes to Avoid if You Have Switched Jobs Last Year
Have you switched your job in FY 2015-16? If yes, don’t forget about the tax implications that can arise due to more than one employer/Form 16. In case you fail to disclose your income from all the employers while filing returns, you may get a notice from the Income Tax Department. This will not only result in paying the tax shortfalls, but also interest at the rate of 1% or 2% … [Read more...] about 7 Tax Mistakes to Avoid if You Have Switched Jobs Last Year
