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Educational loan tax deductions

Tax implications: Here’s what you can do when transferring money to your spouse goes beyond basic expenses

3 May 2024 by Admin
Tax implications: Here’s what you can do when transferring money to your spouse goes beyond basic expenses

It was the end of the month. X (name withheld on request) received that all-important notification on his phone informing him that his salary had been credited. He immediately opened the banking app on his phone to transfer funds to various accounts to meet daily expenses, set aside savings and investments, etc. He also transferred … Read more

Categories Economy Tags 2024, deloitte india, Educational loan tax deductions, hindu undivided family, HUF tax benefits, Joint home loan tax deductions, Loan agreement between spouses, Medical and Family Health Insurance tax deductions, Money transfers between spouses, National Pension System tax deductions, Navneet Dubey, Non-taxable income, Prabhakar K.S., RSM India, Shree Tax Chambers, Spousal tax rules, Suresh Surana, Tax advice, tax benefits, Tax Consultancy, Tax implications, Tax implications on property transfers, Tax on large sums, Tax professional advice - Issue Date: May 12, Tax savings for married couples, Tax-free gifts Leave a comment
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