| Topic : New Income tax slab |
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Balancing my investment portfolio
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Activity:
102 views;
last activity : 07 06 2010 20:18:09 +0000
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Computation of liabilities
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Tax Planning and options to choose
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hi
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Fixed investment contribution
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It should be in a systematic manner
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Planning your liabilities can actually give you rebate from some of the taxes. If you can plan your liabilities like house loans then it would be considered as good start. |
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TAx Planning and Saving is not to be looked at the view only to save tax. While this being the objective, we also need to asses our requirements/goals. By saying this , I mean that we have many options towards savings for tax and you may also be aware the time period of the various options are also different. So we nee to plan accordingly and keeping in mind about saving for tax choose such tax options before investing. |
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Take care of your PPF, gratuity and various other schemes where you have applied for. |
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Taxplanning should be in a systematic manner to be effective, there are several types of taxes attracting a sitizen of the country or otherwise, so planning shold be only after tabulating the available datas or estimated datas and after taking in to consideration various benits, reliefs, deductions and exemptions allowed to a citizens subject to the terms and conditions stipulated in the enacted tax laws. Tax planning is always a best method to minimise your tax obligation in advance. |
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