Tax-saving Fixed Deposits

Money, taxes: UAN activation last date, tax-saving deadline — check March’s financial calendar 

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Money, taxes: UAN activation last date, tax-saving deadline — check March’s financial calendar 

As March 2025 approaches, significant financial deadlines demand the attention of investors and taxpayers alike. Among these, the Employees’ Provident Fund Organisation (EPFO) has granted an extension for activating the Universal Account Number (UAN) and seeding Aadhaar with bank accounts until 15th March 2025.  This extension, crucial for accessing benefits under the Employee-Linked Incentive (ELI) … Read more

Budget 2025: Higher deductions, lower tax outgo – taxpayers, experts expect revised tax slabs, tax relief

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Budget 2025: Higher deductions, lower tax outgo – taxpayers, experts expect revised tax slabs, tax relief

Budget expectations: Finance Minister Nirmala Sitharaman is set to unveil the Union Budget on February 1, 2025, a highly anticipated event for taxpayers nationwide. The segment on income tax is of particular interest, as individuals eagerly await any potential changes that could offer relief. Speculation for this year’s budget centers around possible modifications to tax … Read more

Save 100% tax: Here is how you can pay zero tax on annual salary up to Rs 15 lakh

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Save 100% tax: Here is how you can pay zero tax on annual salary up to Rs 15 lakh

The common perception is that individuals earning up to Rs 15 lakh annually cannot completely save on taxes. However, if planned wisely, one can pay zero tax even with a yearly income of Rs 15 lakh. In this article, we look at how to achieve that. Firstly, by utilising the basic exemption limit offered by … Read more