Tax Saving Efficiency Tag

What Is Gratuity Tax & How to Save Tax on Retirement Benefits?

Many employees believe that all retirement payouts—gratuity, pension, and PF—are tax-free. The truth? It’s more nuanced. This guide will walk you through what’s tax-free, what’s partially taxable, and how to plan smart for your golden years. 1. What Is Gratuity? Gratuity is a one-time lump sum your employer pays you as a gesture of gratitude for long-term service—typically after at...

7 Reasons Why ELSS Has Evolved Into A Popular Tax Saving Alternative

Equity Linked Saving Scheme can serve as the ideal option for those investors who wish to benefit from tax savings and better returns in the long run. Coupled with a drastic growth in its popularity over the last few years, a large number of misinformation has developed surrounding its operations. Today we are going to educate all potential investors about the advantages associated with...