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Practical and time-tested methods for saving income tax
There are plenty of opportunities for reducing the amount of income tax you pay. To do so, you need intelligent tax planning. For it to be truly successful, however, tax planning must be a continuous exercise because many tax saving opportunities can only be made use of by carefully planning one’s income and expenditure in advance.
In this bestselling book, R.N. Lakhotia and Subhash Lakhotia provide expert guidance about the different practical and tested methods of tax saving that you can profitably adopt, whether you have salary income or income from house property, capital gains or interest.
Find out how you can reduce your taxes:
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Tax saving through full claim of exemptions and rebates
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How perquisites and allowances can dramatically lower tax on your salary
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Investments and tax planning
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How to plan your investment portfolio to minimise taxes
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How to save tax on income from house property
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How to save tax through gifts and trusts
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How to structure an HUF to save taxes
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How your residential status affects how much tax you pay.
Packed with practical examples and expert guidance, this is a bestselling tax-saving guide for all individuals and HUFs.
And, remember, tax saved is additional money in your bank — to spend or invest.
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Pages : 216
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