Tax Saving Schemes

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

Combine retirement planning with tax saving via NPS, say experts

With premature withdrawal being difficult, opt for it if you won't need the money till retirement

Centre aims to mop up Rs 75,000 cr from senior citizen savings scheme

Not to overshoot FY24 net borrowing target of Rs 11.8 trillion

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

10 best tax-saving mutual funds in 2023

Mutual funds like ELSS are an easy way to save on income tax under Section 80c while reaping handsome potential returns on investment

Decoded: What is an Equity Linked Savings Scheme?

If you wish to save to save taxes, some experts might suggest you invest in ELSS. But what are these? Listen to this podcast to know.

Your tax-saving investments must match your financial planning targets

Ensure that such investments are in sync with your asset allocation and are not done hastily

Presumptive tax scheme can reduce compliance burden, return filing

Simplifies ITR filing, but can be taxing if actual income is below 8% of turnover

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?

A snapshot of various tax saving investment schemes with their details

Here is how the various tax saving schemes and their interest rates stack up

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

How to claim income tax deduction for investments made in April - July 2020

One of the key points to note while accounting for these investments made from April to July is that a deduction once claimed in FY20 on an investment made, cannot be claimed again for FY21

Here is a snapshot of various popular tax saving investment schemes

Choose Section 80C investments based on risk appetite; be mindful of lock-in too

It's time you thought about tax-saving investments; ELSS can be one option

Among tax-saving investments, they have the lowest lock-in period of three years only

Should you invest in ELSS funds? Only if you have high risk appetite

These funds have, on an average, run up 9.57 per cent over the past three months

Dividend income, partnership firms two ways to reduce income tax liability

Most tax experts and chartered accountants say their high-net-worth clients are rattled

A snapshot of tax saving schemes and related details

Here is what the tax saving schemes have to offer

Readers' Corner: Financial planning

ELSS is a combination of a tax saving scheme and a great investment idea