[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/09/tax-bccl-1.jpg"] Perks such as telephone and newspaper bill reimbursements are tax free against submission of bills. [/column] [column lg="6" md="12" sm="12" xs="12" ] Nidhi Bahugana is paying a very low tax but there is scope to bring it down … [Read more...] about How NPS will help Bahugana further lower her tax outgo
NPS
NPS, home loan, tax-free perks can help Agrawal cut tax by over Rs 75,000
[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/08/taxopt.jpg"] Your tax will reduce considerably if you ask your company for tax-free allowances such as telephone and newspaper bills reimbursements. [/column] [column lg="6" md="12" sm="12" xs="12" ] Tushar Agrawal pays a high tax because his … [Read more...] about NPS, home loan, tax-free perks can help Agrawal cut tax by over Rs 75,000
How professional Mavalankar can save tax via NPS, rejigging perks
[row] [column lg="6" md="12" sm="12" xs="12" ] [thumbnail target="_self" src="https://blog.taxspanner.com/wp-content/uploads/2018/07/tax23-thinkstock.jpg"] The medical reimbursement and conveyance allowance in her salary are now taxable following the introduction of standard deduction. [/column] [column lg="6" md="12" sm="12" xs="12" ] Varsha Mavalankar is an IT professional … [Read more...] about How professional Mavalankar can save tax via NPS, rejigging perks
To Lower Tax Outgo Opt for ‘Consultant’ Status
Are you considering shifting from an employment arrangement with your company to a ‘consultant’ status to lower tax outgo leading to higher take-home package? As consultants you are required to pay a flat 10 percent tax on income while an employee is taxed as per applicable slab, the highest being 30 per cent along with surcharge. The dilemma of whether to take up the … [Read more...] about To Lower Tax Outgo Opt for ‘Consultant’ Status