Category Archives: Tax Saving

Article regarding tax saving

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 »

Are You Aware Of The Term,’National Savings Certificate’? – MoneyMindz

By | 13/06/2018

Investments are varied in number. Your financial goal determines where you have to invest for better returns. One of the investment options available is National Savings Certificate also called NSC. What is National Savings Certificate? National Savings Certificate is a Government Savings Bond usually for small savings and income tax saving investments in India. It… Read More »

Thinking Further Than Just Property While Saving For Your Child | MoneyMindz

By | 05/06/2018

Young couples take “investment for child’s needs” seriously usually after the birth of their child. They don’t realize that this causes problems for them later on in the name of inadequate funds or money shortage. Many Indian savers save keeping top 3 goals in mind; Education of their children, Weddings of their children and their… Read More »

Invest In PPF Account Before 5th Of Every Month. Here Is Why – Money Mindz

By | 21/05/2018

The Public Provident Fund is what you call PPF. The principle and interest you earn on the Public Provident Fund is guaranteed by the Indian Government. That means your investment is safe and you earn interest on it. PPF is a chosen investment for a large number of Indians and continues to be so. Wistfully,… Read More »

Tax Benefits On Education Loan and Fees – Money Mindz

By | 10/05/2018

Did you know that the government ensures relief to taxpayers by letting them varied tax benefits on fees and loans pertaining to education? Education is crucial. You can do so many things with education ranging from getting employed to starting your own business, ranging from creating something unique and innovative to doing research. It improves… Read More »