Updated 16/07/2022 – In this article, we will discuss the Tax Planning for NRIs in detail. We will be modifying it when there are changes. So that you have up to date knowledge on Tax Planning for NRIs. Specific questions can be asked in the comments section below on Taxation for NRIs. So here weRead More
tax planning
Tax Planning Guide 2017-18: Details & Free Ebook
If you are a salaried person, this is the time when you are going to or have submitted your income tax proofs. We at WealthWisher thought to make and share an Ebook on Tax Planning Guide 2017 2018 PDF format. Our endeavor is to help you plan your tax savings through right products as taxRead More
What do Financial Year, Assessment Year and Previous Year mean ?
It is income tax filing season and you must be a victim of the often heard mumbo jumbo called Financial Year (FY), Assessment Year (AY) and Previous Year (PY). These are terms very commonly heard before July 31st, which is the last date for filing your income tax returns. If you closely look at theRead More
How much income tax can be saved by you ?
How does it feel when your hard earned money is paid to the government as income tax each month ? If it feels bad, maybe you need to be aware of how much income tax can be saved by you in a financial year. If the money was used for the overall development of theRead More
Smart Ways to Save Income Tax in India
The time will soon come for filing your income tax returns (ITR form) for 2012 in India. The first three quarters of any year are the most dangerous ones for an investor’s financial planning. I say dangerous because he falls prey to people who sell products in the name of tax planning. This is theRead More
Section 80 Income Tax Deductions
Saving income tax every year is a cakewalk for some while a nightmare for the others. Most of the Indians use up Section 80C deductions to save income tax. But beyond the 80C deductions, the income tax act has other Section 80 income tax deductions that can be used to your advantage as well. Let’sRead More