High cost of tax saving

Tax planning, for must us form an important part of managing our finances. By using certain provisions under Income Tax act, one can save good amount of taxes. Some investments and expenses facilitate tax savings. However, sometimes pursuit of tax saving can prove expensive. This is typically the case when one takes investing decisions primarily to save taxes rather than fulfilling some financial objective. This often leads to high cost of tax saving!

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Best tax saving investment options in India

What are the best tax saving investment options in India under Income Tax Section 80C? Some of the options are – PF, PPF, ELSS, SSY, NSC, NPS etc. How do they perform and are they worth investing?

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PPF versus ELSS – Which is a better investment?

PPF or ELSS – Which is a better investment? – is a question in mind of many savers and/ or investors. While both these instruments are popular among people seeking tax exemption under Income Tax Section 80C, their objectives & eventual returns can be different. Before we begin, let’s try to understand each of these […]

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5 common mistakes while planning taxes

If you’re a salaried person, it’s that time of the year – time when you’ll probably scramble around to get proof of investments and tax saving. No? If not, then hopefully you are well sorted in terms of tax planning, and the below content may not be too relevant to you! There are several ways […]

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