How much money should I save every month to retire happily?
First question to ask would be how much money to earn to retire early. Saving comes automatically when you actually earn more. Now to understand how much exactly you’re spending…
I am considering taking a life insurance policy but I am also interested in any tax benefits that might come with it. Can you tell me more about it?
Yes, so when you buy a term insurance, you start paying a premium every year, and you can use this premium as a deduction under Section 80C which comes with…
Last year I had invested in a 5 year post office time deposit and showed it for tax deduction. Here is my doubt. Can I claim the same this year too until 5 years of completion?
So tax is computed based on all your incomes received in the previous year. Similarly, any tax saving investments or tax saving expenses is also considered only if done for…
How many years will the NPS pay pension?
When you choose an NPS pension plan, the duration of your pension depends on the plan you pick. Some plans give you a pension for as long as you live.…
Do’s and Don’ts you must follow while Filing your ITR!
ITR Filing Made Easy! Discover the essential dos and don’ts for your Income Tax Return, from picking the right form to claiming deductions and dodging penalties like a pro!
My employer did not let me claim my HRA component. Can I claim it while filing taxes?
So let’s say you have your HRA component clearly mentioned in your salary breakup, but your employer did not let you claim it because you did not submit your investment…