Tax savings on Interest on deposits made for your children
While the interest on bank savings in the name of your child is clubbed with your income, Rs1,500 interest per child is exempted from tax. This is...
Raj Pradhan | 09 October 2012
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Take Good Care of Your Health, says the Taxman
Irrespective of your and your family’s age, medical expenses are bound to happen. The good news is, you can save on taxes if you spend on your...
Raj Pradhan | 09 October 2012
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New Pension System (NPS) is useful, if you can convince your employer
If you are only interested in claiming tax deduction under Section 80C, there are many avenues other than NPS. It is important to note that there is...
Raj Pradhan | 26 September 2012
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Financial Literacy Helps: Study
Sumit Agarwal, senior financial economist at the Federal Reserve Bank of Chicago, investigated whether financial education programmes are effective...
MAS Team | 11 September 2012
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