Investing in real-estate, or more specifically, on a house or flat, is something that interests the salaried class very much. Though the sce...
Showing posts with label Tax Savings. Show all posts
Showing posts with label Tax Savings. Show all posts
How to increase your take home salary?
When cost of living skyrockets, smart ways to plan one’s pay packet to reduce his tax outgo and maximize his take home salary becomes releva...
Seven things you should know about LTA (Leave Travel Allowance)
LTA can be availed twice in a block of 4 years. The block is defined by the government. The current block is 2006 – 2009 and is based on cal...
New Tax Slabs
In the union budget for financial year 2008-09, the Finance Minister has announced the new tax slabs. General Till 1,50,000 – 0% 1,50,000 ...
Income tax may come down in India
Riding on a buoyant economy and making the most out of it with respect to direct taxes, the revenue department may consider reviewing direct...
Tax savings options on conveyance allowance
For salaried individuals, the conveyance allowance or transport allowance is exempt from taxation up to Rs. 800 per month while he earns in ...
How is tax exemption on HRA calculated
It’s a common misconception that the tax exemption a person gets for paying house rent is equal to the HRA component of his/her salary. And ...
