Category Archives: Tax Saving

Article regarding tax saving

Are You An Honest Citizen Who Pays Tax On Time? Kuber Mindz Is Curious To Know

By | 31/08/2018

    Paying tax is one of the most important duties of a citizen who is responsible towards its national growth and prosperity. In order to be an efficient taxpayer, one needs to maintain a proper tax planning and contribute to nation building. But the challenge which every single person face is inadequate knowledge regarding… Read More »

You May Have To Pay These Penalties For Untrue ITR Claims | MoneyMindz

By | 14/08/2018

     If you misreport income or show false losses reducing taxable income, you are liable to pay heavy penalties. After demonetization, Section 270 of the Income Tax Act was amended so as to affirm that misreporting and under-reporting of income would lead to heavy penalties.  According to the amended section 270A of the Income Tax… Read More »

Ways to verify your ITR (Income Tax Returns) | Financial Adviser | MoneyMindz

By | 23/07/2018

   After you have filled your ITR(Income Tax Returns) form, the next and final step is to verify it. If you haven’t verified it, the return will not be considered valid as per income tax laws. If you upload your ITR on the e-filing website, you have 120 days to verify your return. There are… Read More »

How To Claim HRA Exemption While Filing Income Tax Returns – MoneyMindz

By | 21/07/2018

   It is tax time! July 31st is the deadline to pay taxes. While you are filing income tax returns as a salaried person, House Rent Allowance (HRA) is one of the frequently acknowledged allowances you receive. Hence, if you are living on rent, you are eligible to claim exemption on it. You have to… Read More »

Tax Saving Infrastructure Bonds Are A Good Option- MoneyMindz

By | 13/07/2018

Tax saving infrastructure bonds are a good option in the fixed income category. These are issued by infrastructure companies approved by the government and also they offer a decent rate of interest plus tax benefits. What is infrastructure? Infrastructure is nothing but the fundamental benefits for the economy to function effectively. It is the basic… Read More »

8 Tips For a Fresher To Invest In Stocks | MoneyMindz

By | 15/06/2018

     You have decided to invest. Good for you. Read further about what you have to do next. 8 Tips For a Fresher To Invest In Stocks: 1. Listen to Impartial Advice: There are many people out there who want to advice you but only a few of them are well-meaning. The rest of… Read More »

Save Income Tax for Salaried Professionals for Financial Year 2018-19

By | 14/06/2018

The financial year 2018-19 has arrived. It is time to pay tax. How do you save tax? Worry not! We have a few methods to save tax. Tax Saving Methods for Salaried Professionals: Invest in Public Provident Fund (PPF) : One of the most popular and foremost investment options in India is Public Provident Fund… Read More »