Sun Rise Stocks: An absolute channel on Tax Saving strategies and Tax Planning investments.
During the last few months of a financial year you see people making last moment impulse decisions to invest in tax saving instruments and in the process they may end up buying products which are not right for them. Tax planning should be done a few months in advance as it gives you ample time to understand and evaluate different options that are specific to your financial situation. Start your tax planning now for Assessment Year 2013-14.
Here are some simple tips for planning your taxes this financial year:
I. Utilize Income Tax exemptions
Section 80D
Section 80DD
II. Interest on your home loan
III. Shuffle and switch strategy
IV. Charitable donations are tax smart
V. Divide your income
During the last few months of a financial year you see people making last moment impulse decisions to invest in tax saving instruments and in the process they may end up buying products which are not right for them. Tax planning should be done a few months in advance as it gives you ample time to understand and evaluate different options that are specific to your financial situation. Start your tax planning now for Assessment Year 2013-14.
Here are some simple tips for planning your taxes this financial year:
I. Utilize Income Tax exemptions
Section 80D
Section 80DD
II. Interest on your home loan
III. Shuffle and switch strategy
IV. Charitable donations are tax smart
V. Divide your income
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