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How to Reduce Tax Legally with Smart FD Investing?

How to Reduce Tax Legally with Smart FD Investing?

Paying taxes is a duty of every citizen. However, there are legal and ethical ways to reduce your tax liability using permitted deductions and exemptions. One such option is to save income tax through FDs (Fixed Deposits) investment to minimize your taxable income....

Key Points of the Budget 2023 in India

Key Points of the Budget 2023 in India

On Wednesday (01-Feb-2023), Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, marking the fifth budget presentation under the Modi government. As the final full-fledged budget before the upcoming general elections, Sitharaman expressed...

What is Section 80EEA of the income tax act?

What is Section 80EEA of the income tax act?

Section 80EEA of the Income Tax Act is a deduction that taxpayers can claim on the interest paid on home loans. It was introduced in the Union Budget of 2019 to relieve middle-class taxpayers who have taken home loans. In this article, we will discuss the key aspects...

Budget 2020 Explained For Salaried Employees

Budget 2020 Explained For Salaried Employees

How does this new budget impacts salaried individuals? In the midst of an economy going through the worst of the decade, Finance Minister Nirmala Sitharaman on Saturday presented the General Budget, which has introduced a new system of reduction in income tax rates....

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