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Saving Taxes has always been a priority area for any tax payer. Even from a Financial Planning perspective, taxes are treated as a hole in Investors pocket which increase the outflow thus reducing the surplus. But good news is that a lot of tax saving is possible through proper tax planning, within the provisions of […]
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“I have several insurance policies like Money-back, endowment plans and ULIPs or any other market linked products to save my taxes.” This is a common enough statement. Only that they don’t realize that they have got trapped in unwanted products because of their obsession with Tax saving. Most of the people today are investing in […]
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Ashwin (31), was informed by his HR department to submit his investment proofs for the financial year by the weekend failing which they would not accept any proofs after the deadline and the tax would be deducted accordingly. Coincidentally, he received a telephone call from his friend who had just joined a life insurance company […]
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