A family is there for support always not only emotionally, physically but also financially. The member of family can be useful to save taxes. However, the investments and spending done for your family are not eligible for tax rebates. But there are some perfect legal ways by which your family … Continue reading →
Deduction in respect of interest on deposits in savings account (Section 80TTA): Section 80TTA has been introduced from this Financial Year [2012-13] and it allows to an Individual or HUF from his gross total income if it includes any income by way of interest on deposits (not being time deposits) … Continue reading →
How to save TDS on interest you are getting on fixed deposits? Lets take a example, Mrs Verma is house wife and she has a Fixed Deposit of Rs 2,00,000 /-. She is earning interest @ 10%. During last year she has earned interest of Rs 20,000/-. Bank is under … Continue reading →
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