How to Save Income Tax in FY 2023-24? The income tax act provides tax deductions to tax payers for various investments, savings and expenditures in a particular financial year. Lets read some of the schemes which can help save taxes.
With proper tax planning you can save on your taxes and increase your income. Read how to save tax in India, what are the best tax saving options available on b4investing.
How to save tax investing in mutual fund? What is ELSS (Equity Linked Savings Scheme)? ELSS is the only kind of mutual funds which fall under tax saving options under the provisions of Section 80C of the Income Tax.
How is cryptocurrency taxed in India? How is cryptocurrency classified? Can profit from cryptocurrency be business income? Read all about taxation on bitcoin investment.
Investors are allowed to invest in NPS on regular basis during investor’s employment period. Investor can take certain amount after retirement and rest investor receives as monthly pension.
Is mutual fund taxable? How the mutual funds are taxed? How is tax calculated on mutual funds? Read all about mutual fund taxation, taxes on equity fund, debt fund on b4investing.
Public Provident Fund (PPF) and Equity linked saving schemes (ELSS) fall under Income Tax section 80C tax saving options. b4investing is helping you to understand all basic differences of PPF and ELSS.
