You know that government charges tax on the money we earn right? Which is nothing but our Income. But they are not fully happy charging tax on 100% of Income! They allowed you to spend some money either through purchasing something or investing in something. This way they let you subtract this money from your Income and charge tax on the remaining Income. And you get to save more in taxes!
Test
The Tax Deductions Guide: From u/s 80C to u/s 80U
When buying Mutual Funds, we do the most common mistake of looking at returns that look big on the marketing materials.
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Recent Posts
Test
The Tax Deductions Guide: From u/s 80C to u/s 80U
When buying Mutual Funds, we do the most common mistake of looking at returns that look big on the marketing materials.
You know that government charges tax on the money we earn right? Which is nothing but our Income. But they are not fully happy charging tax on 100% of Income! They allowed you to spend some money either through purchasing something or investing in something. This way they let you subtract this money from your Income and charge tax on the remaining Income. And you get to save more in taxes!
Wait..would you like to get more like this?
Join 12,000+ readers who receive our insights decoding Personal Finance twice a week, so you can make the most out of your money.
No Spam. Only Finance
No Spam. Only Finance
Recent Posts
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Why join Dime's Tax Strategy Masterclass?
Comprehensive
Practical
Case Studies
This isn’t a normal masterclass. You will get a comprehensive hands-on experience of various “Tax Strategies” with our proven case-study based approach.
Get access to in-house built powerful Old vs. New Tax regime calculator, tax handouts, and more.
Thousands have benefited you can too!
2000+ People have already saved Taxes
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