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6 Tax Saving Investments With Tax-Exempt Returns

It may well be the case that at this point you may be scouting for options that save you tax. So other than factoring in liquidity, risk, return, you also need to understand post-tax returns from the investment. As tax implication ...

What Are The Allowances From Salary That Are Exempt From Tax?

There are certain components of salary that are fully taxable and there are certain components of allowances in Salary that are exempted from Tax. Components of salary that are completely taxed included Basic Salary, HRA and Bonus and Commission that ...

Disclose tax free income on different investments when filing income tax return

Tax-free income earned on different financial instruments has also to be shown while filing income tax returns. Likewise as required by the Income Tax Act, any income earned on mutual funds which also in most of the cases is tax-free has ...