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You can claim tax deduction on investments up to Rs 1.5 lakh in avenues specified under section 80C of the Income Tax Act
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Of this, personal income tax refunds of Rs 71,865 crore have been issued to over 1.99 crore taxpayers
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Last-minute tax-planning leads to hurried, poorly thought decisions which could prove costly later
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Personal income tax refunds of Rs 70,572 crore have been issued to over 1.92 crore taxpayers, and corporate tax refunds of Rs 1.27 lakh crore have been issued in 2.19 lakh cases
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This time of the year when salaried professionals have to submit proof of tax saving investments. “If you don’t submit your investment proofs to the employer, they will compute your tax without giving the benefit of deductions like 80C and 80D. As a result, more tax will be deducted from your salary and you will […]
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ELSS funds primarily invest in shares
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Of this, personal income tax refunds of Rs 69,653 crore have been issued to over 1.90 crore taxpayers and corporate tax refunds of Rs 1.26 lakh crore have been issued in 2.17 lakh cases
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If earnings as interest and pension amount don't come into the same bank account, then there's no respite from filing income tax returns.
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Sudhir Kaushik, CEO and founder of Taxspanner.com, said the government is looking to ensure the number of citizens filing I-T returns goes up
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'Do-it-yourself' investing in stock markets is catching up and it is not restricted to investing in Indian stocks. Investors can buy Google, Facebook and Tesla stocks sitting at home