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Save Income Tax : Section 80C and Section 80D
Section 80C Deductions
Section 80C of the Income Tax Act allows certain investments and expenditure to be tax-exempt. The total limit under this section is Rs. 100,000 (Rupees One lakh) which can be any combination of the below:
* Contribution to Provident Fund or Public Provident Fund
* Payment of life insurance premium
* Investment in pension Plans
* [...]
Life Insurance Plan as tax saving
It is always said that one should not look at the Life insurance plan as tax saving. We also suggest you the same thing.All life insurance plans gives you the tax benefit so you should always go for plan which is suitable to your life and your financial planning.You need not buy every year [...]
Section 80C Deductions : Investments and Payments
1.Stamp duty, registration fee and other expenses for the purpose of transfer eligible.
2.Admission fee, cost of share and initial deposit not eligible.
3.Cost of any addition or repair after issue of completion certificate or after the house property has been occupied or been let out is not eligible.
National Savings Certificate (NSC): The amount invested in [...]
Save Income Tax : Home loans and Education loan
Currently in India there are two loans Home loans and Education loan have Tax exemption. Many people invest in house so that they can claim exemption. One should understand that under section 80cc only principle repayment can be exempt. Tax deduction on the interest component comes under section 24 and will depend upon whether [...]
Save Income Tax : Tax Deductions on Investment
* Investment in under monthly income scheme of the post office
* Investment in Debentures or Bonds of an institution/ authority/ public sector company/ cooperative society or other such organization notified by central government.
* Investment in with banking institutions
* Investment in under other schemes which are notified by central government like national saving schemes, time [...]
Save Income Tax : How to Maximise your tax saving
Income Tax Saving in India means reducing the income tax amount that a person pays while filing his returns. The Income Tax department which is under the government of India has formulated the Income Tax Act which has several provisions for a person to save the tax that is payable.
In India, Income Tax Saving [...]
Previous Stories
- Save Income Tax : Section 80C and Section 80D
- Life Insurance Plan as tax saving
- Section 80C Deductions : Investments and Payments
- Save Income Tax : Home loans and Education loan
- Save Income Tax : Tax Deductions on Investment
- Save Income Tax with Home loan
- Save Income Tax : ELSS (Equity Linked Savings Scheme)
- Save Income Tax : Income Tax Slab 2009-2010
- Save Income Tax : Tax Benefits for Salaried Individuals
- Save Income Tax : ELSS and ULIP
- Save Income Tax : Section 80C
- Save Income Tax : Tax benefits on home loan in India
- Save Income Tax : Tax Deductions as per section 80L
- Save Income Tax : Reduce Income Tax
- Save Income Tax : Tution Fees
- Take Healthcare Insurance and Enjoy Tax Benefits Under Section 80D
- Save Income Tax : Pay for the medical health insurance of your parents
- Save Income Tax with ELSS and ULIP Plans
- Save Income Tax : Tax Saving With Home Loan
- Save Income Tax : Saving Schemes and Investment Plans
- Save Income Tax : Income Tax Rates Slab for 2008-09
- Tax Deduction At Source (TDS)
- Save Income Tax : Tips to Make Income Tax Planning Simpler
- Save Income Tax : Income Tax Saving Instrument
- Tax exemption limit may be from Rs 1.1 lakh a year to Rs 1.25 lakh
- Save Income Tax : Tax Saving Investments for Financial year 2007-2008 Assessment year 2008-2009
- Government may increase the tax exemption ceiling on rental income
- Sales Tax And The Division Of Taxing Power
- Central Sales Tax Act And Tax Federalism In India
- The Concept Of Sales Taxation In India
- Save Income Tax : What is salary tax in india?
- Save Income Tax : Beware Taxman is watching your big spends
- Save Income Tax : How you can Financial Planning ?
- Save Income Tax : Tax free incomes for FY 2007-08
- Save Income Tax : Common mistakes people make while filing tax returns
- Save Income Tax : How to calculate Value Added Tax (VAT)?
- Save Income Tax : How to Reduce Income Taxes
- Save Income Tax : Save your valuable time with tax return preparation
- Save Income Tax : E-payment of taxes mandatory from January 2008
- Save Income Tax with Donations and Refinancing
- Save Income Tax : Need Help in Filing Income Tax Return (ITR)
- Watch Video of Income tax Propaganda and give your view
- Save income Tax : Save your taxes with Tax Deductions
- Save Income Tax : Facts About Tax Laws and tax saving Tips
- Save Income Taxe : How Real Estate Investors Minimize Taxes
- Save Income Tax : Value added Tax (VAT) in India
- Service Tax on Renting of Residential Property
- Service Tax on Import of Service in India – Section 66a
- Save Income Tax : Top 10 Tax Savings Tips
- Welcome To www.saveincometax.co.in
