Tax Saving

PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31

From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses

Ask for a benefit illustration of the 'tax-saving' plan you're being sold

Before investing in any tax-saving products, investors need to be aware of mis-selling strategies and must do their due diligence

With returns no better than flexi-caps, ELSS faces an uncertain future

An ELSS as a tax-saving option is mostly preferred by younger taxpayers

Tax cut, restoration of OPS on citizens' Budget wish list this year

Like every year, multiple suggestions come in from citizens on MyGov, some reasonable, others clearly whacky

Avoid higher TDS with timely, accurate submission of investment proof

For investments made after proof has been submitted to the employer, claim refund in ITR

Active or passive ELSS? Investment advisors divided over clear winner

Some see potential in the newly introduced passive option, other see promise in active ELSS

Tax Emperor's Joseph Lang on the Importance of Financial Literacy and Taxes

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Pay attention to liquidity needs while selecting tax saving instruments

Investors in higher tax brackets may avoid products taxed at the slab rate

EPFO's accounting needs transparency jab

The EPFO is larger than four of the largest mutual funds put together, yet it has opaque accounting practices with no portfolio disclosure even at year-end

Tips on saving tax on the interest you earn on your savings bank account

Interest earned on balances in savings accounts held with banks or post offices is taxable under "Income from other sources". Did you know that you can actually save this tax to an extent?

Remember to avail of tax benefit on health check-up under Section 80D

If your health insurance premium is low, this provision can help you enjoy a higher deduction

Top headlines: 380,000 vaccinated so far, round-2 of Sebamed-HUL ad war

Big-ticket foreign investors looking to invest in India could soon find their proposals getting quick treatment from the government. Read Business Standard's top news pieces for the day

Senior citizens: Strike a balance between tax saving and liquidity

They must also maximise the utilisation of the higher deductions available to them

Start making those tax-saving investments right away if you haven't already

If you make them in haste at the last moment, you are likely to end up with the wrong choices

Six changes in tax rules that come into effect today

Today is first day of the financial year 2020-21, and with new year come new tax rules. Here are the six changes that come into effect from today

Utilise extended deadline to make the right tax-saving investment choices

Avoid errors like investing beyond the permissible limit

Claiming loss will be useful if you have capital gains in FY20

Remember, it is mandatory to file I-T returns by the due date to carry forward losses to the following years

ELSS: Get potentially higher returns with shortest lock-in tenure

Give these equity-linked instruments at least seven years to yield good returns

Need emergency money? Don't break fixed deposit, borrow against it

Loan rate is 100-200 basis points higher than the FD rate

Tax saving tips: Invest in real estate and save tax on LTCG

Taxpayers can save the taxes on the gains by availing the benefit of tax exemptions allowed under the Indian tax laws.