Tag: tax planning

Why Should You Invest in NPS?
Mar 12

Why Should You Invest in NPS?

Last year’s general budget offered an exclusive advantage for investments in New Pension Scheme (NPS), wherein the investments up to Rs. 50,000 qualified for an additional tax incentive over and above Rs. 1,50,000 allowed under Section 80C for various types of spends including payment for life insurance premiums, 5 year fixed deposits, Public Provident Fund,…

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Calculating Your Income Tax Liability
Dec 27

Calculating Your Income Tax Liability

With the New Year just around the corner, companies are also asking their employees to submit their tax declarations in order to enable them deduct tax as per the provisions of the Income Tax in the remaining three months of the financial year 2015-16. Many of my friends have been asking me to help them…

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