i-hate-tax.blogspot.com

Really, I hate Tax!!

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I Hate Tax Blogspot. wanna retain hard earned money?.

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I-hate-tax.blogspot.com news digest

  • 14 years

    Don't snatch my money, plss

    Growing income also leads to worries and this happens most of the time coz of income tax. Through this blog, I am trying to discuss basics of income tax in india and some insights to get maximum exemption with minimum efforts. It covers all from income...

  • 14 years

    Income Tax Slabs (FY 2010-2011)

    Finance minister,Pranab Mukherjee, has announced the new tax slabs for finance year 2010-11. In new tax slab,basic tax exemption limits are same as in the old tax slabs but finance ministry has broaden the tax slabs.
    The new and revised tax slabs/rates for the financial year (FY) 2010-11 / Assessment year (AY) 2011-12 are as follows:...

  • 14 years

    Income tax Exemptions

    Tax saving is directly proportional to knowledge of tax saving intruments. So here is the list for all available tax saving clauses you can use to get max tax benefits -
    Income Tax deduction - Section 80C
    Tools - Provident Funds, Life Insurance premia, ELSS, Bank deposits (>5 yr.), tution fees, principal part of EMI on housing loan, etc....

  • 14 years

    80C tools explored

    These tools you can use to get a quick idea of what to do & how to do for 80C deductions. For details, just ping me up.
    Equity Linked Savings Scheme (ELSS) - Some mutual fund (MF) schemes specially created for offering you tax savings, are called Equity Linked Savings Scheme, or ELSS. The investments that you make in ELSS are eligible for deduction under Sec 80C. Most...

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