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Investment in EPF up to Rs 2.5 lakh in a financial year will be tax free from now.
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If you still haven’t complied, here’s a 6-step guide to link your Aadhaar number with PAN online on the income tax department’s website
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Debt funds are one of the preferred alternatives to fixed deposits. They had a good run last year with many of them delivering double-digit returns to investors. Currently, when the interest rates are expected to go up, the yields have started rising and experts say debt funds won’t be able to give as high a […]
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It will be mandatory for taxpayers to disclose information regarding stock trading, mutual fund transactions, income from dividends and post office deposits etc. while filing ITR
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If you are non-ITR filer, and your overall cash withdrawal exceeds Rs 20 lakh, but is less than Rs 1 crore in a given financial year, 2% TDS will be deducted on amount exceeding Rs 20 lakh
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Through tax harvesting, one can save tax up to Rs 10,000 every year on long term capital gain earned from equities or equity mutual funds.
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Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases
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While certain tax-saving instruments come with a mandatory lock-in period, some allow premature withdrawals
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When we rush to save tax in March, we tend to buy products which don't give great returns; some of the investments we make may not be ideal
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It is incorrect to expect returns from a health insurance policy. The objective is to protect your finances against unexpected medical expenses