It is that time of the year when you’re supposed to share your investment declaration proofs with your employer. While there are sufficient ways to make tax-saving investments, you will need to declare it to your employer by submitting the required proofs or supporting documents to claim these deductions.
But what proofs are required to be submitted? And what happens if you fail...
Section 80C is the most popular section of Income-tax. Maximum 150000 deduction is allowed and you can save up to 45000 tax every year by utilizing this section. Under 80C, public provident fund, life insurance policies, tax-saving fd’s, equity-linked saving schemes (ELSS) are few most popular tax saving options. But many few people know tuition fees paid for child education can...
PPF is one of the most popular tax saving as well as investment instruments as it comes with EEE tax framework. Additionally, PPF comes with so many features that it is difficult to resist. This article will focus on everything related to PPF.
What is PPF?
PPF refers to Public Provident Fund. This is a unique investment instrument that comes with long term time horizon. It is best...