Know from Sujit Bangar what are the options for tax saving apart from FDs, ELSS, MF & ULIP? , BAFM

Sujit Bangar, Founder of Taxbuddy.com, in a special conversation with ET Now Swadesh discussed the tax saving options. He discussed in detail about Tax Saving Options like FDs, ELSS, MF, SSY, NPS & ULIP.

Source Link: https://www.youtube.com/watch?v=rIYTYBIRIhk

Website Link: https://www.taxbuddy.com/



Comments

Post a Comment

Popular posts from this blog

ITR Filing 2025: How Salaried Taxpayers Can Maximise Their Refunds

For some salaried taxpayers , the tax return season may feel like a chore, yet it is also one of the few chances to get some money back, especially if too much tax was deducted over the year. With the ITR filing window now open for ITR 1 and ITR 4, this is a crucial time for salaried employees to know how they can maximise their refunds this year. Not always but sometimes there’s a real possibility that you have overpaid taxes, without even realising it. This usually happens when your employer deducts more tax than required or when you forget to account for deductions that never made it into your Form 16. It could be rent receipts you didn’t submit on time, a last-minute ELSS investment, or home loan interest that didn’t get factored in. Whatever the case, filing your return is how you claim that excess tax back. What Triggers a Refund? There are a few common scenarios where salaried people end up paying more tax than necessary: You have changed jobs during the year and both ...
Read more

You can file ITR first, pay income tax later: Here’s how to use this feature on e-filing portal

The income tax department has launched a new feature on the income tax   e-filing  website that allows an individual to pay income tax later. This means that an individual can continue to file ITR without paying the pending income taxes first. Once the ITR is filed, then the income tax amount can be paid, albeit with some conditions. Earlier the ITR could only be filed once the due taxes were paid. “Income tax department has given an option of pay later when we file income tax return (ITR) . Therefore, an individual can file an ITR without paying income tax dues first by using the pay later option,” said CA Abhinit Singh, Founder, Ready Accountant, a Kolkata-based educational institution. Read below to find out how to use the ‘Pay Later’ option on the Income Tax Department’s e-filing portal. Pay later facility is available for this tax payment According to Mihir Tanna, Associate Director (Direct Tax), S K Patodia & Associates, a Mumbai-based CA firm, “The ‘Pay...
Read more

Taxman knows more than you think: Here's why clean ITR filing matters

Some taxpayers underreport income or inflate deductions in order to save money that goes to the government. But experts warn that this is a high-stakes gamble in today’s data-driven tax environment. With the Income Tax Department now armed with sophisticated tools and deep access to financial information, from your bank transactions and property deals to your stock market activity, there’s little room to hide.   Taxman’s eyes everywhere: What the department already knows   “The Income Tax Department gets financial data from multiple channels, banks, mutual funds, employers, registrars, and more,” says Suresh Surana, charter accountant.   This includes: TDS/TCS details from Form 24Q/26Q   High-value transactions under the Statement of Financial Transactions (SFT)   Integrated PAN-linked records from property sales, share investments, and foreign remittances   Salary, rent, capital gains, and GST data through the Annual Information Statement (AIS) and Form 2...
Read more