Article Category : Taxation
8 Simple ways to plan your tax
You have got only a few more months to complete this financial year. Very soon you will get a call from your company to submit the proofs for tax saving investments. So why don’t you spend some time on organizing your tax plan?
1) Proper Allocation of Annual compensation
Restructuring your salary with some additional components can reduce your tax liability. This restructuring doesn’t require any additional cash outflow. The following components can be efficiently used to reduce your income tax liability.
Transport allowance to the extend of Rs.800 is exempt
Medical expenses which are reimbursed by the employer are exempt to the tune of Rs.15000
Food coupons like sodexo or ticket restaurant are exempt from tax up to Rs.60000
Individuals...
Difference Between LTC Insurance and Long-Term Disability
There is often a degree of confusion when individuals are dealing with long-term care (LTC) insurance and long-term disability coverage for obvious reasons. The average consumer can be forgiven for confusing the two forms of insurance, but it is important the difference is known to ensure that you do not get something which may not apply to what your long-term needs are.
There is often a degree of confusion when individuals are dealing with long-term care (LTC) insurance and long-term disability coverage for obvious reasons. The average consumer can be forgiven for confusing the two forms of insurance, but it is important the difference is known to ensure that you do not get something which may not apply to what your long-term needs are.
First...
Samir 
ramalingam 
Farhaan 
siddharth 
Hans Neukomm 
