Tag: tax planning
Union Budget 2025 and its impact on your finances
Every Union Budget has an impact on our money—sometimes directly, sometimes indirectly. The direct impact comes through changes in income tax rules, deductions, or...
2024 Updates: PPF & Sukanya Samriddhi Rules
How Irregular Accounts Will Be Handled?
What happened, and why?
Small saving schemes like PPF (Public Provident Fund) and Sukanya Samriddhi Yojana have been popular among...
Financial Freedom: A Journey of Responsibility and Minimalism
Financial freedom isn’t just about having a large bank balance; it’s about the freedom to live life on your terms without financial stress. But...
Budget 2024-25 |10 Important Direct Tax Changes Impacting your Money
This time in her Budget 24-25 speech, Finance Minister Ms. Nirmala Sitharaman emphasized the government's commitment to simplifying the tax system, improving taxpayer services,...
SWP in NPS – Systematic Lump Sum Withdrawal in New pension...
After announcing SIP in NPS , PFRDA has also allowed SWP in NPS. If you are a mutual fund investor you must be knowing...
10 Financial Planning Thumb Rules for better Investment Management
In today’s fast-paced world, people (especially the younger generation) seek shortcuts and simplified rules in almost all aspects of life. Money management is no...
Income tax Deductions FY 2022-23: Useful for Tax Planning
Income tax deductions under section 80C, 80CCD, 80D, etc. not only reduce the tax liability but also encourages savings and investments amongst taxpayers.
Not only...
Income Tax Deductions List 2020-21 (AY 2021-22)
Check the Updated version of this article- Income Tax Deductions FY 2022-23, Click here
Financial Year 2020-21, brings to us the New Income tax regime,...
Old or New Income Tax Rates Slabs (FY 2024-25) – what...
In Budget 2020 FM announced a proposal of a new Income tax rates regime where a salaried person not having income from Business or...
Tax saving, the financial planning way
For most of you investments to save tax are the only investments that you could be able to make in a single year. Reasons...
How couples can save Income tax through tax planning?
This article is second in the series on how to save income tax through tax planning. In the previous article on Tax planning strategies...
Must Dos….for corporate employees
Last week I met one of my good friends, Raman, who works as a marketing head in a fast moving consumers good company (FMCG)....