Tag Archives: Deduction under chapter vi

Why take Health insurance for family to save tax

Why take Health insurance for family to save tax
Section 80D provides a deduction for contribution towards the health insurance premium to the extent of Rs 25,000 paid for self and family. If the policyholder

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Appearance past phase 80C: have you missed out on any of those tax breaks?

Appearance past phase 80C: have you missed out on any of those tax breaks?
Maximum folks are privy to the concept of deductions from gross total profits available to a taxpayer. you can still declare

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Complete investments, expenditures than can be claim under Section 80C

Complete investments, expenditures than can be claim under Section 80C
However we already know the deduction available under section 80C of the Income tax Act, 1961. The maximum amount of deduction that can be claimed

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Possible Tax Benefits of Health Insurance

Possible Tax Benefits of Health Insurance
The increased incidence of lifestyle-related diseases and the spiraling costs of healthcare has made it necessary for people to get health insurance coverage. You can get yourself and your

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Why people should invest in ELSS in 2016

Why people should invest in ELSS in 2016
ELSS is one of the fancy products nowadays. More and more people are choosing ELSS and most of tax saver funds are getting overwhelming response. There are

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Employee’s Provident Fund Scheme-One should opt or not!

Any Employee whole join his/her first job and employer ask him to join EPF Scheme, She/he First though that enter in this scheme will cut off his in hand salary and it is not good

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