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A Comprehensive Ready Reckoner for Tax Planning

This time of the year, the focus for a majority of us, the earning class or those in business, is on tax planning or to be precise saving on tax. This ready reckoner has been put together with that express purpose. The table format has been adopted
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Tax Savings Investments

Income Tax is payable by every citizen of India when his/her annual income exceeds the prescribed limit.   However one can reduce the tax liability through tax planning. Tax planning envisages arranging the financial income &
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The right investment mix for middle aged professionals (35 – 40) years

You could say I had a hidden motive in choosing the topic for this article. I am 42 and feel that these group of people, popularly known as middle-aged, are an unique set of people with their own issues and approach. It is also true that around this
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Taxation of Compensation An overview

Do you know why any new taxes hurts the salaried class more than any segment of taxpayers, particularly in India? This primarily happens because there is hardly any scope for keeping any income paid by the employer out of the ambit of taxation

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