Tax Free Bonds: Should you be investing in them?
In India there are 2 types of bonds through which the tax liability of a person can be reduced:- Tax Free Bonds Capital Gain Bonds Tax Free Bonds are the...
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Tax Planning vs Tax Avoidance vs Tax Evasion
The tax liability of a person can be reduced through Tax Planning, Tax Avoidance & Tax Evasion. Although, in common parlance these terms are used interchangeably, these terms are technically...
Read More7 Effective Ways of earning Tax Free Income in 2018-19
Tax is payable on all incomes earned in India by an Indian resident. However, there are some exceptions to this rule and some incomes have been specifically exempted from tax....
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Section 80E: Income Tax Deduction for Education Loan
As per the Income Tax Act, a taxpayer is allowed to claim deduction under Chapter VI-A for the Repayment of Education Loan (Section 80E) and for the Repayment of Home...
Read MoreDeduction under Section 80TTA :Tax on Interest on Savings Account
We all have a tendency of checking the amount of Interest on Savings Account earned during the year, but do we know the manner in which this Interest is computed...
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