Invest
Articles - Tax Planning
Stream Ways to Reduce Your Taxable Income in India - ICICI Direct
One must have certainly come across the term “Income tax” at some point of their lives, especially during the end of a financial year.
One must have certainly come across the term “Income tax” at some point of their lives, especially during the end of a financial year.
Capital gains refer to the profit realized from the sale of capital assets like shares, bonds, and real estate, among other investments.
Subscribers of the National Pension Scheme (NPS) enjoy many benefits, like high returns, disciplined savings, and convenient investment options.
Your Universal Account Number (UAN) allows you to access your Employee Provident Fund (EPF) account, check your EPF balance, withdraw funds, and do much more. You can find your UAN on the salary slips provided by your employer or generate it by visiting the EPFO website. Here is an easy-to-follow guide on how to figure out your UAN.
Form 15H is a declaration form that can be submitted to the Income Tax Department of India by a resident who is a senior citizen (60 years of age or older) or a resident who is not a senior citizen but whose anticipated total income for the financial year is below the taxable limit.
Income tax can be a source of stress for most people and impact their overall savings and financial growth. Section 80CCD of the Income Tax Act 1961 can help taxpayers lower their annual taxable income. Find out more about its provisions.
