Category: Tax Saving

Budget 2021: How Tax Evasion, Tax Deduction And Tax Rebate Are Different From Each Other

Dr. Viibhor Agarwal

Content Index Name of Budget 2021 Tax exemption Tax Rebate Tax deduction Last Words Budget 2021: How Tax Evasion, Tax Deduction And Tax Rebate Are Different From Each Other Budget 2021 is coming to a close. Every time there is hope from the budget that there will be some announcements in it for the income tax payers. Budget 2021 is coming to a close. Every time there is hope from the budget that there will be some announcements in it for the income tax payers. To understand the things related…

How to save income tax in India?

Dr. Viibhor Agarwal

In India, all matters related to income tax are monitored under the Income Tax Act, 1961. According to this Act (Act), it is necessary that your income or benefit is subject to taxation every financial year, that is why you must know how to save income tax. Depending on your total income, you can choose various tax benefit investment options (tax benefit investment option) and plan income tax savings accordingly. To know more deeply about the various ways through which you can save tax, you need to understand how the…

Tax Savings – Public Provident Fund (PPF).

Dr. Viibhor Agarwal

The account is a long-term savings institution provided by the central government, entered into force from 1 July 1968. This investment gives us ASSURED RETURNS & PROVIDE OLD AGE INCOME SECURITY for everyone. By investing in a P.P.F account, we can see the power of COMPOUNDING in the long run. This account is the E.E.E. Is under the rule. Features. WHO CAN – Any person – Resident, over 18 years old, Minor via Guardian.. Eligibility. Who can – non-resident, H.U.F., foreigner.. Entry age. No age limit for opening A /…