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Showing posts from March, 2023

Interview: Sujit Bangar, Entrepreneur & Founder of TaxBuddy

Sujit Bangar is a self-starter who has made immense strides in his career at a very young age. Bangar is a graduate in economics and political science from SP College, Pune. He later went to Harvard Business School, Boston, USA, for his post-graduation in Management and Business Administration (MBA). He brings with him years of rich and varied experience. He completed an ‘Advanced Programme in International Taxation and Transfer Pricing’ from the International Bureau of Fiscal Documentation (IBFD), Amsterdam, the Netherlands. He also studied at IIM, Lucknow, where he successfully completed his Advanced Programme in Management and Tax Administration. Bangar understands the value of mentoring and loves to spend time with budding entrepreneurs and start-ups and share ideas and insights eagerly with them. Tell us a little about yourself Sujit Bangar: I’m a graduate in Economics and Political Science from SP College, Pune. I later pursued post-graduation in Management and Business Administ...

How women salaried employees can increase their tax savings in 2023

 International Women’s Day 2023: The number of salaried women employees in India is increasing across sectors. They can be seen competing against men, even doing better in many cases, in all fields of life. With the increasing number of women in formal employment, their incomes are also rising, which makes it important for them to do their tax planning wisely to maximise their savings . Tax experts say that income tax rules are generally gender-neutral. Prior to 2012-13, there were different tax slabs for men and women taxpayers. But now there are common tax slabs for both genders. “Earlier, there were different slabs of taxes for women and men. However, since 2012-2013, a common tax slab has been applicable to both men and women,” says Abhishek Soni, Co-founder and CEO of Tax2win, a Fisdom company. Sujit Bangar, Founder, Taxbuddy.com further elaborates that before the fiscal year 2012-2013, women taxpayers in India were granted favourable tax slabs, but this has since been elimina...