Tag Archives: Tax Exemption

L&T Infrastructure Bond from 07th February to 7th March 2011

Posted on February 7, 2011 by Jerry Jose

After the closing of the second issue of IDFC Infrastructure Bond on 04th February, 2011, the L&T Infrastructure Finance Company also came in to market with their Infrastructure Bond, which is helpful to get additional Income Tax Exemption of Rs. … Continue reading →

Posted in Income Tax, Investment, Investment News, Mutual Fund, Personal Finance, Small Savings | Tagged additional deduction, deduction tax, L&T Infra, L&T Infrastructure Bond, No Demat Account, return tax, RS. 20000 exemption, Section 80CCF, Tax Exemption, tax pay | 31 Comments

Equity Linked Saving Scheme is the best tax saving option

Posted on February 4, 2011 by Jerry Jose

Income Tax payers are interested to invest in Tax Saving Schemes. Investment experts are also saying to invest in tax saving schemes. As we aware that when we invest in tax saving schemes, we can save our tax up to … Continue reading →

Posted in Employees News, Income Tax, Investment, Investment News, Mutual Fund, Personal Finance, Small Savings, Stock Market | Tagged capital gain, Divident Income, ELSS, Equity Linked Saving, equity market, lower Lock in period, NAV, Sec 80C, Tax Exemption, Tax Free Income, Tax Saving Mutual Fund | 2 Comments

Rural Electrification Corporation Ltd (REC) issues Infrastructure bond under Section 80CCF

Posted on January 19, 2011 by Jerry Jose

You are aware that you can save Rs. 20000 under section 80 CCF for getting additional tax exemption other than Rs. 100000 under section 80 C. For this exemption you have to take infrastructure bonds from some approved institutions. There … Continue reading →

Posted in Income Tax, Investment, Investment News, Personal Finance, Small Savings | Tagged 20000 Tax exemption, 80 CCF, Addittional exemption, Infrastructure Bond, REC Infra Bond, RS. 20000 exemption, Section 80CCF, Tax Exemption, Tax Saving, Tax saving bond, Tax saving investment | 9 Comments

IDFC ISSUES SCECOND BATCH OF INFRASTRUCTURE BOND

Posted on January 12, 2011 by Jerry Jose

There is a good chance to save for additional tax exemption under section 80CCF of income tax act. The IDFC (Infrastructure Development & Finance Company) issues the second batch of infrastructure bond. They wish to accumulate around 2930 crore through … Continue reading →

Posted in Banking, Employees News, Income Tax, Investment, Investment News, Personal Finance, Small Savings | Tagged additional deduction, deduction tax, IDFC Bonds, IDFC infrastructure bond, Income Tax, Infrastructure Bond, return tax, RS. 20000 exemption, Second batch infra bond, Section 80CCF, Tax Exemption, tax pay | 2 Comments

Investment for tax saving is a wise decision or not

Posted on December 28, 2010 by Jerry Jose

Tax payers always try to pay less tax and it is legal that you can reduce your tax liability by proper tax planning. But most of the financial institutions and stock brokers offer high return for most of their financial … Continue reading →

Posted in Income Tax, Investment, Investment News, Personal Finance, Small Savings | Tagged Income Tax, MSC, Mutual Funds, Other investments, Other Savings, PPF, Save Tax, Section 80C, Tax Exemption, Tax Saving, Tax saving Investments | Leave a comment

Income Tax Deduction (TDS) from Salaried Employees

Posted on December 22, 2010 by Jerry Jose

In case of salary the employer should deduct Tax at the time of disburse the salary. This deduction is known as Tax Deducted at Source (TDS) from Salary. TDS from Salary is not like other TDS such as TDS from … Continue reading →

Posted in Employees News, Income Tax, Investment, Investment News, Mutual Fund, Small Savings | Tagged Admissible deductions, Income Tax, Medical Insurance, Sect 80D, Section 80C, Section 80CCF, section 80G, Tax Exemption, TDS, TDS from Salary | 24 Comments

No Tax on Increased Interest on Employees Provident Fund

Posted on December 7, 2010 by Jerry Jose

As you aware that the interest rate of Employees Provident Fund has been increased for the financial year 2010-2011. There was a doubt that the increased portions attract income tax or not. Now it is clear that there is no … Continue reading →

Posted in Employees News, Income Tax, Personal Finance, Small Savings | Tagged 9.5% Interest, employees provident fund, EPF, Income Tax, Increased interest, More Interest, P.F, Tax Exemption | 2 Comments

The closing date of L&T Infrastructure Fund has extended to November 15

Posted on November 2, 2010 by Jerry Jose

The closing date of L&T Infrastructure Fund has extended to November 15. When the issued opened on 15th October, 2010 the closing date was fixed on November, 2010. But now the closing date extended to 15th November, 2010. As per … Continue reading →

Posted in Banking, Employees News, Income Tax, Investment, Personal Finance, Small Savings | Tagged additional deduction, deduction tax, Income Tax, Income tax limite, L&T Infra, L&T Infrastructure Bond, No Demat Account, return tax, RS. 20000 exemption, Section 80CCF, Tax Exemption, tax pay | 5 Comments

All About POTD or Post office Time Deposit

Posted on October 26, 2010 by Jerry Jose

There are a number of safe investment options through post offices in India. All these schemes are safe and secure investments. PPF (Public Provident Fund), NSC (National Savings Certificate), KVP (Kissan Vikas Patra) and POMIS (Post office Monthly Income Scheme) … Continue reading →

Posted in Banking, Employees News, Income Tax, Investment, Personal Finance, Small Savings | Tagged Government Securities, Income Tax Act, Investment Tips, P.P.F, Post Office Time Deposit, POTD, Risk free Investment, Sec 80C, Tax Exemption, Tax Free Interest, Tax Saving | 7 Comments