Today I will show you how you can reduce your tax liability on Interest you earned by investing in NSC. Many investors may not know how to do it. As you all know, interest you receive on your investment in NSC is taxable when it matures. It is taxable income under the head of "Income from Other … [Read more...] about NSC-Accrued Interest taxation and way to reduce it.
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 ask few salaried people about how they are planning about their tax saving then the first answer they say … [Read more...] about Tax Saving-What mistakes often we do?
Hi,Welcome to my world of financial planning. I wish to start this journey with helping you how to calculate your own salary income. I selected this topic, as these few months are hectic to salaried to know their tax liability.Here I will start with basic things, then in future I will update … [Read more...] about Calculation of Salary Income