tax benefits

Displaying results 1 - 10 of 49

Best tax-free bonds to invest in 2021

Most HNIs, senior citizens, and other individuals who wish to invest in debt securities are always looking for tax-efficient investment products. Tax-free bonds are one such investment option as they are safe, have a long tenure, pay regular interest, are tradable on exchanges – and most importantly, provide tax-free interest. In this article, we list the best tax-free bonds for investment.

  • Date :
  • Views : 18439

How to save income tax by investing in fixed deposits?

Fixed deposits are a popular investment option, but you can also save taxes with it

  • Date :
  • Views : 16

Looking for ways to save tax on Long-Term Capital Gains? Her…

The flip side of making a neat profit on selling stocks or property is the huge tax levied. However, there are ways to work around it – legally. This comprehensive piece explains at length what Long-Term Capital Gains (LTCG) is and how to compute the same. It then explains how to calculate tax on capital gains, use Cost Inflation Index (CII) to your advantage and save tax in case of both long-term and short-term gains. The article further delves on how one can save tax by investing profits in another property, bonds, shares and equity mutual funds. Armed with this knowledge, you can offset a significant amount of your tax liability.

  • Date :
  • Views : 409

How to maximise tax benefits under a joint home loan?

Households can save over Rs 7 lakh per annum from tax benefits awarded on joint home loans.

  • Date :
  • Views : 111

Donate to COVID-related funds and receive potential tax bene…

While the government and corporates are doing their bit in time of the current COVID-19 crisis, we as individuals too, need to play an active part in helping those around us. This article touches upon the aspect of Individual Social Responsibility (ISR) and how you can assist those around– in cash, kind or just your time. The article also helps visualise a framework you could use to create a long-term plan to support any future relief efforts. Your monetary assistance will not help everyone grow stronger together, you could also take advantage of tax breaks while donating to a host of charitable trusts and relief funds mentioned in the piece.

  • Date :
  • Views : 99

Home loan and HRA: Can tax benefits be claimed on both?

A taxpayer living in a rented accommodation and who is repaying a home loan can claim tax benefit on both.

  • Date :
  • Views : 9359

What you need to know about municipal bonds that offer over…

Learn about the types of bonds, risks parameters, and tax benefits that you can enjoy.

  • Date :
  • Views : 30

Tax benefits available if your income is below Rs 5 lakh

Find out how income tax rebate, exemptions, and deductions apply if your taxable income is less than Rs 5 lakh.

  • Date :
  • Views : 11489

5 Things you must know about home loan tax incentives

Home buyers can reduce their annual tax liability by Rs 4 lakh each year if they maximise various tax deductions.

  • Date :
  • Views : 35

All you need to know about the LTC Cash Voucher Scheme

The Union Budget has introduced an innovative scheme to boost public spending by offering a combination of reimbursement and tax exemption. Read on to know more.

  • Date :
  • Views : 21910