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Smart investment tips to save tax
Mahesh Padmanabhan is principal advisor -- direct taxes group, RelaxWithTax Consultants Pvt Ltd, a Mumbai-based personal taxation and finance solutions provider.
It's that time of the year again when many of you scramble to invest your money for saving tax on the income earned. And sometimes, in this mad rush, you tend to invest in tax-saving instruments that you should not.
So are there any smart tips that can help you save tax on your income in an efficient way? Apart from this, here are some other important questions that you need to answer:
What documents are to be submitted to my employer to lower my tax outgo?
Where should I invest so that I can save tax?
Does it make sense to invest in tax-saving instruments now even though my employer has stopped accepting investment proofs?
Can I claim the benefit of HRA exemption as well as home loan deduction at the same time?
How can I prepare in advance so that I may be able to file my income tax returns easily?
To answer these and other related queries on saving tax, Mahesh Padmanabhan of RelaxWithTax will host a chat between 2 pm and 3 pm IST on Wednesday, January 20, 2010.
About Mahesh Padmanabhan
Mahesh Padmanabhan is principal advisor -- direct taxes group, RelaxWithTax Consultants Pvt Ltd, a Mumbai-based personal taxation and finance solutions provider.
(Due to circumstances beyond our control, date and time of chat may change)
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