Tax Saving Investments Archives - H&R Block| Blog

Tax Saving Investments

October 25, 2016
Income Tax Benefits

How to Earn Rs 10 Lakh and Yet Not Pay Tax?

The current taxation structure in India has carved out three tax brackets – Rs 2.5-5 lakh, Rs 5-10 lakh and Rs 10 lakh and above that attract tax of 10%, 20% and 30% respectively. Now, those earning less than Rs 2.5 lakh (Rs 3 lakh […]
May 6, 2016
Plan early to save Taxes - H&R Block

Five reasons to plan for tax-saving early, rather than January-March – H&R Block

We give you 5 strong reasons why you should plan and make investments sooner rather than later. Saving early helps channelise money When you receive a hike in your salary after March appraisals, it is also the right time to channel these extra amounts towards […]
April 28, 2016
Leave Travel Allowance

Leave Travel Allowance (LTA)

Leave Travel Allowance (LTA) is the most common element of compensation adopted by employers to remunerate employees due to the tax benefits attached to it.  LTA is the remuneration paid by an employer for employee’s travel in the country, when he is on leave with […]
April 27, 2016
Save Taxes by Planning Early

How to save taxes by planning early

Most of us work too hard round the year but give very less priority to save the taxes or the importance of the tax planning and saving it early. It is said, “Failing to plan is as good as planning to fail” As when it […]
April 3, 2016

Market linked interest rates for small savings schemes

From a long time, RBI and banks have complained about higher interest rates offered by PPF and other small savings schemes which forced them to offer high interest rates on deposits to compete with them. Government finally heard their outcry by slashing the interest rates […]
March 30, 2016
EPF

Inoperative EPF accounts to gain interest benefits

  After dropping the plan to tax EPF (Employees Provident Fund), government has taken another step which adds up to already popular investment scheme. Back in 2011, EPFO (Employee Provident Fund Organisation) had taken decision to curb paying interest on inoperative PF accounts with the […]
March 14, 2016
Investment in Provident Funds

Investment in Provident Funds

  Young People always ask, “When should we start planning for retirement?” This question has only one and a very simple answer, “From the day, you start earning.” They are further troubled by the taxes on Income if they start getting good salaries. Then the […]
March 7, 2016
Tax Planning

Investment Mantras

  “Never depend on single income. Make investment to create a second source.” – Warren Buffet Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in future. So, invest your money because you’re going to […]
February 19, 2016

Your guide to submit investment proofs

Your guide to submit investment proofs Well, it is the month of Valentine. Though we have surpassed February 14, the fervour is still – as the cliché goes – in the air. If you eavesdrop on conversations, you would often hear a single lament from the […]
January 21, 2016
Saving Taxes

Everything my clients need to know about Saving Taxes

  Tax, this three letter word spells a big headache for people. Many people do not even know how much tax they are paying every year. Being a tax advisor at H&R Block, I get many enquiries from my clients about tax savings. This article […]