The financial year is about to end, everyone is worried about how to save tax. Because, by the end of this month all taxpayers have to pay tax. If you do not do so, you may have to pay a penalty. We will try to tell you here how you can save tax even if you do not want to make any new investment.If you have taken a home loan, you will still get a discount. These exemptions on tax are up to Rs 1.5 lakh. But the condition in this is that you cannot sell it for five years after the acquisition. If you are selling the property, you will have to pay taxes by adding income. Similarly, if your insurance policy is taken then you will get exemption under 80C. These discounts will be up to Rs 1.5 lakh. If your children are studying in school, you are entitled to a rebate on their fees. But here you get a discount only on tuition fees. Apart from this, there is no exemption on other school charges.
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Save Tax | Exemptions on Tax | New Investment |.
The financial year is about to end, everyone is worried about how to save tax. Because, by the end of this month all taxpayers have to pay tax. If you do not do so, you may have to pay a penalty. We will try to tell you here how you can save tax even if you do not want to make any new investment.If you have taken a home loan, you will still get a discount. These exemptions on tax are up to Rs 1.5 lakh. But the condition in this is that you cannot sell it for five years after the acquisition. If you are selling the property, you will have to pay taxes by adding income. Similarly, if your insurance policy is taken then you will get exemption under 80C. These discounts will be up to Rs 1.5 lakh. If your children are studying in school, you are entitled to a rebate on their fees. But here you get a discount only on tuition fees. Apart from this, there is no exemption on other school charges.
..................................................
#tax #newinvestment #savetax #income #financialyear #exemptions #tuitionfees #homeloan #insurancepolicy #HimachalNews #HimachalPradesh #HimachalAbhiAbhi #LatestNews
Official website: https://himachalabhiabhi.com/
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Save Tax | Exemptions on Tax | New Investment |
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Amid the slew of pre-budget consultations leading to the presentation of Union Budget 2020, North Block is now mulling certain changes to personal Income Taxes. Here's ET NOW with the latest details.
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Watch DB LIVE | 28 DEC 2016 | Union budget 2016-17 may see government doling out income tax exemptions With HD Quality
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Save Mhadei Save Goa | Goans light candles to save River Mhadei
Save Mhadei Save Goa | Goans light candles to save River Mhadei
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#BattleforMhadei Save Mhadei Save Goa Front called for a decisive fight to save Mhadei
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The first session of the ET Wealth Investment Workshop held in Mumbai on August 24, 2018 delved upon the strategy that new investors should adopt to ensure personal wealth growth. The session was addressed by S Naren, CIO, ICICI Prudential AMC.
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