Leave Travel Allowance : Know Rules,Tax exemption of LTA !

If you are a salaried individual you might have heard of Leave Travel Allowance or LTA. This is sometimes also referred as Leave Travel Concession or LTC. LTA or LTC is a very important component of your salary and you can save some of your taxes, if you avail the benefit in a correct manner. … Read more

12 Tax free Income in India: You must know!

We all love hearing the word “Tax free”? Right!  So, we thought of sharing a list of few Tax free Incomes in India to help you lower your tax burden to some extent. Income tax…This one word gives you a feeling to shed extra money out of your pockets. Hearing this, you hesitate, you get … Read more

ELSS or Equity Linked Savings Scheme – Things to Know !

From the point of view of an ordinary investor, Tax Planning and that too in an effective manner seems to be a tedious task.There are various Tax saving tools and alternatives that help to reduce your taxes substantially. The only thing you need to keep in mind is how to utilise the various tax saving … Read more