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Sec 80C

Section 80C limit raised to Rs.1,50,000-Boon or Bane?

July 28, 2014by Basavaraj Tonagatti

In this year’s budget Finance Minister raised Sec.80C limit from existing Rs.1,00,000 to Rs.1,50,000. With this great news, plenty of people felt happy as they can save more tax outgo. But there …

Read moreSection 80C limit raised to Rs.1,50,000-Boon or Bane?

Tax Benefits of Life Insurance

July 23, 2013by Basavaraj Tonagatti

It is commonly known fact and widely utilized tool that life insurance is a best tax saving option. But only few know about the tax implications of maturity, surrender or death claim. So let us …

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Tax Saving-What mistakes often we do?

January 1, 2012by Basavaraj Tonagatti

As this is peak time for all salaried class to look for Tax Saving Instruments, I thought to share how you can avoid doing the same mistakes repeatedly. 1) Insurance (Life and Health)– When I …

Read moreTax Saving-What mistakes often we do?

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