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6 best ways to save tax

Total 10 messages Pages | 1
Laxman Sivaram
Saving Tax
by Laxman Sivaram on Feb 08, 2015 07:08 PM

The article is good.However,there is a limit to the extent investment can be made.Beyond that IT has to be paid as per the slabs of the income accrued and it is difficult for an average man to save tax by making tax saving investment as certain expenses in the family with limited income scuttles the idea of saving IT

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Hariharan Peruvamba
Tax deduction at source
by Hariharan Peruvamba on Feb 07, 2015 12:08 PM

This must be avoided. It involves lot of work.Getting the return of the excess amount deducted takes a long time and the government pays 12% interest. This can be avoided,by stopping TDS for Senior citizens whose gross income does not exceed 8 lakhs.

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abhayanker banerjee
Individuals intending to buy a house should consider opting for a
by abhayanker banerjee on Feb 05, 2015 10:47 AM

WRONG.The limit of interest is 2,00,000 (Two Lakh & not 1,50,000 as said by article that too for self occupied ones

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by on Feb 04, 2015 08:07 PM

Check cleartax. in

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Country of Clerks
by iota on Feb 04, 2015 04:33 PM

That's what we have become.

There should be uniform Tax of 20%, no slabs, no exceptions. No need for any Medical Bills, Rent Receipts and such - these are unproductive activities.

Britishers made India - A nation of clerks.

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Limit of ELSS
by decent on Feb 04, 2015 02:29 PM

Limit of ELSS is Rs.1.50 lacs and not 1 lac.

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House Loan
by Truthful on Feb 04, 2015 11:55 AM

House loan is the best option to save taxes, especially for people with a 5 digit CTC.

If you can afford a 20% down payment, my advise to all would be to own a sweet home, no matter how big or small it is and start paying EMIs instead of shelling out rent on 1st of every month, which happens to come so soon...

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balagurumurthy Santhosh
Article with Basic Info
by balagurumurthy Santhosh on Feb 04, 2015 11:42 AM

Can be useful for Youngsters who started their career now.

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yogendra  kale
stale informatiom
by yogendra kale on Feb 04, 2015 11:37 AM  | Hide replies

Old copy paste article and not updated.

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Re: stale informatiom
by iota on Feb 04, 2015 04:34 PM
every year this drama starts in Feb

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