Investments – Tax Planning – upto Rs. 1,00,000 Nature of Payment Life insurance premium (including payment made by govt. employees to the central government Employees’ insurance scheme and payment made by a person under children ‘s deferred endowment assurance policy) [subject to a maximum of 20 percent of sum assured (sum assured does not include […]
Read MoreINVESTMENTS – TAX PLANNING A wise investment will not only lessen the tax burden but also give some good returns As the end of financial year 31-03-2012 is approaches investors, tax payers are suddenly woken up to the existence of Income Tax department. If you haven’t done the tax planning in advance then this is […]
Read MoreSAVE FIRST, SPEND NEXT Every man expects that he should not dependent upon anybody to meet their needs. For this purpose he has to plan for savings to meet unforeseen events, immediate needs, medium period and long term needs. Also everybody expects that their family members, children should not face financial problems in future. To […]
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