IS YOUR PAY PACKAGE REALLY TAX FRIENDLY?
IS YOUR PAY PACKAGE
REALLY TAX FRIENDLY?
Enjoy Zero Tax on Rs.4.20 lakhs to just 7.77% on Rs.13.5 lakhs
By Smart Planning of your Annual Pay Package & Deductions!
The Income-tax Act provides for a number of allowances and perquisites which have been notified as tax free and every salaried taxpayer must endeavour to negotiate his pay package in a manner that the same can include such tax free allowances and perquisites. This would ensure that he is able to take maximum take-home pay per month with the minimum deduction of tax.
TAX SAVING MAGIC OF SECTION 80C!
Do Not Miss to Buy, Beg or even Borrow…
Be Smart to Invest & Avoid your Tax Sorrow!
‘Be happy and gay … saving tax the 80C way!’ This should be the ‘Magic Mantra’ of all taxpayers with taxable income above Rs.8,00,000, who attract the maximum tax bracket of 30.9%. If you think smart, you can save a good Rs.45,743 as income-tax, without even investing a penny from your pocket! (more…)
AAM AADMI GETS ONLY GUTHLI!
The FM has been hailing the ‘Aam Aadmi’ in his economic manifesto and proposals. In the tax parlance, the ‘Common Taxpayer’ can be described as the FM’s ‘Aam Aadmi,’ who reeling with pain under current inflation was expecting an ‘Aam’ from the Union Budget 2011, but he has got only a ‘Guthli.’ (more…)
