Investing solely to avoid taxes is a bad, wasteful strategy…!!!
That's a question which comes up in every taxpayer's mind while planning your taxes every year. We want to pay less taxes to the government and save as much money as we can. We’re all about saving money on taxes. But not all tax-saving strategies are beneficial....
5 Cool Tips to Structure Your Salary And Get the Maximum Tax Advantage
Your salary structure has various components. The taxation of each component varies as per prevailing tax rules and regulations. Most employers provide some flexibility to employees to structure some part of their total salary packet. It is here that your knowledge...
5 Killer tips to help you grow your wealth while saving taxes
Do you end up regularly making last-minute tax investments every year? If yes, have you tried to observe the “why” of this pattern? It is most likely that you see tax planning as an unavoidable compliance activity that helps you ward off the interest, penalties, and...
6 Awesome Tips on How Tax Saving Can Help You Achieve Financial Freedom
The desire for financial freedom is something that many people have in their minds. Still, very few actually make a strenuous effort towards making this goal a reality. Many young investors erroneously think that financial freedom involves living miserly and...
Top 5 Mistakes You Must Avoid In Your Tax Planning
You open your to-do list for the day & there it is…the item you’ve ignored for weeks... It says “Complete Your Tax Planning.” And today’s the last day to submit the investment proofs….If you can relate to this, know that this laziness towards tax planning can lead...
All You Wanted To Know About the Taxation of Life Insurance Policies
It's a great idea to secure your family's future by buying a life insurance policy. However, it pays to know the tax implications as life insurance is a long-term commitment. After all, you don't want taxes to erode your policy returns, do you? This article will share...
5 Actions you can take to reduce the impact of home loan on your tax planning
While buying own house is a dream for many, one cannot ignore that there is also considerable societal pressure on young earners on this point… The good thing is that the government has given various tax concessions to spruce up real estate activity over the years....
Learn the tax rules that apply to your ELSS investments
Hands down, ELSS is one of the best tax-saving options available to young investors, given its transparency, low-cost nature, and ease of investing. At Finbingo, we believe that knowledge is power. As an informed investor, we want to empower you with the proper...
6 strong reasons why you should never miss NPS in your tax planning
At Finbingo, we always favor low-cost & transparent financial products to young investors to help save tax and create wealth. In this context, one superb financial product we recommend is the National Pension Scheme, also known as NPS. In this post, we tell you 6...
5-point checklist to help you identify the right tax-saving investments
Remember, finance is personal. What works for someone else may not be the best thing for you. To get the maximum value from your tax-saving investments, they must fit in your financial story and work towards meeting your financial goals. So, if you are confused about...
4 Simple yet Powerful Tips for Last-Minute Tax Planning
You know about the timelines for investment proof submission to employer. You also know that non-submission of proofs can lead to higher TDS and low take-home income. Still, procrastination as a habit dies hard and you may feel stuck in the same situation as you were...
Aadhaar Pan Linking by 31st March, 2022
The government made linking of Aadhaar with Pan mandatory to avoid malpractices associated with Pan Card for evasion of Tax. You can link your Aadhaar Card with Pan Card online in the new income tax portal by simply following these steps. Steps to to link Aadhaar Card...
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School Fee Saves Tax
This time of the year,...
Tax Rebate for Small Taxpayers
With this rebate claim,...
Received arrear salary? Claim tax relief
In view of the optional...
School Fee Saves Tax
This time of the year,...
Tax Rebate for Small Taxpayers
With this rebate claim,...
Received arrear salary? Claim tax relief
In view of the optional...
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