Discover and read the best of Twitter Threads about #deductions
Most recents (5)
Confused about tax filing in India?
Don't worry, you're not alone!
Here are some essential Do's and Don'ts to help you file your taxes with ease!
A thread! (1/n)
#taxfiliing #tax #deductions #personalfinance #thread
Don't worry, you're not alone!
Here are some essential Do's and Don'ts to help you file your taxes with ease!
A thread! (1/n)
#taxfiliing #tax #deductions #personalfinance #thread
#1 Be On Time
Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.
The deadline for filing taxes in India is usually July 31st. (2/n)
#taxreturns #taxes #incometax #directtax
Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.
The deadline for filing taxes in India is usually July 31st. (2/n)
#taxreturns #taxes #incometax #directtax
#2 Disclose Necessary Infomation
Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)
#tax #salary #rentalincome #interest #capitalgains
Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)
#tax #salary #rentalincome #interest #capitalgains
#1 Decide Your Tax Regime
The new regime is no fuss and works well.
The old regime allows you to claim deductions and exemptions
If you choose the old regime finalise your tax planning strategy now! (2/7)
#tax #deductions #taxplanning #taxregime
The new regime is no fuss and works well.
The old regime allows you to claim deductions and exemptions
If you choose the old regime finalise your tax planning strategy now! (2/7)
#tax #deductions #taxplanning #taxregime
#2 Restructure Your Payslip
Study your pay slip and optimise your EPF contributions. If you choose the old tax regime structure your allowances properly.
Talk to our financial planning team today if you’d like assistance. (3/7)
#salary #CTC #payslip #epf #providentfund
Study your pay slip and optimise your EPF contributions. If you choose the old tax regime structure your allowances properly.
Talk to our financial planning team today if you’d like assistance. (3/7)
#salary #CTC #payslip #epf #providentfund
#3 Review Your Investments
2023 is a year that belongs to savers!
You will be spoilt for choice. And there’s no better way to take advantage of this than reviewing and restructuring your investment portfolio. (4/7)
#investmentreview #investing #portfolio
2023 is a year that belongs to savers!
You will be spoilt for choice. And there’s no better way to take advantage of this than reviewing and restructuring your investment portfolio. (4/7)
#investmentreview #investing #portfolio
Entrepreneurs, are you tired of paying hefty taxes?
Don't worry! We got you covered!
Check out these top tax-saving tips that can benefit your business and your bottom line. (1/n)
#entrepreneurs #taxes #taxsavings #taxtips
Don't worry! We got you covered!
Check out these top tax-saving tips that can benefit your business and your bottom line. (1/n)
#entrepreneurs #taxes #taxsavings #taxtips
#1 Hire Family Members & Relatives:
You can reduce your tax liability by paying salaries to family members, which are tax-deductible. Their income may also be below the taxable threshold. (2/n)
#tax #taxexemption #taxliability
You can reduce your tax liability by paying salaries to family members, which are tax-deductible. Their income may also be below the taxable threshold. (2/n)
#tax #taxexemption #taxliability
#2 Deduct Business Expenses for Travel & Accommodation:
Business travel expenses such as tickets and accommodation can be deducted from your taxable income, thus reducing your tax liability.
(3/n)
#taxliability #businessexpenses #deductions
Business travel expenses such as tickets and accommodation can be deducted from your taxable income, thus reducing your tax liability.
(3/n)
#taxliability #businessexpenses #deductions
Have you ever wondered how much you need to save for your retirement? Ever wonder if you will make it or fall short?
Over 600+ clients have benefited from our Financial Planning engagement!
Here are FIVE ways financial planning can help you! (1/13)
#financialindependence
Over 600+ clients have benefited from our Financial Planning engagement!
Here are FIVE ways financial planning can help you! (1/13)
#financialindependence
Before we begin, financial planning is a very personalised process. Every person's need is different. That is why we aim to craft tailor-made financial plans to meet each individual's needs. (2/13)
#financialplanning #personalfinance #savingstips
#financialplanning #personalfinance #savingstips
#1 Achieving Your Goals
Managing your finances in a way through which we can help you meet your goals is the crux of the planning process.
Proper planning can help you accomplish goals that you thought were far out of reach! (3/13)
#financialplanning #financialgoals
Managing your finances in a way through which we can help you meet your goals is the crux of the planning process.
Proper planning can help you accomplish goals that you thought were far out of reach! (3/13)
#financialplanning #financialgoals
A Thread🧵on various #IncomeTax #Deductions.
Must read for everyone.
A simple & legitimate way to to save taxes every year!
(RT to maximize reach.)
Money Saved is Money Earned !
#IncomeTax #Tax #ELSS #TaxSaving #Investing #TaxPlanning
Images Courtesy : Internet.
Must read for everyone.
A simple & legitimate way to to save taxes every year!
(RT to maximize reach.)
Money Saved is Money Earned !
#IncomeTax #Tax #ELSS #TaxSaving #Investing #TaxPlanning
Images Courtesy : Internet.
When the month of March starts or is about to end suddenly everyone remembers one thing #TaxSaving ...
This is where #TaxDeductions come into picture.
Deductions allowed under #IncomeTax act help you reduce your taxable income.
This is where #TaxDeductions come into picture.
Deductions allowed under #IncomeTax act help you reduce your taxable income.
People normally know a bit about Section 80C Deduction which allows a person to claim a deduction of Rs 1.5 lakh on total income.
But there are various other common deductions which anyone can claim.
This thread is about such common deductions.
But there are various other common deductions which anyone can claim.
This thread is about such common deductions.
