7 Habits, Tax Planners should Practice

By siliconindia  |  Tuesday, January 31, 2012

Don't Overlook Tax-Friendly Savings
Don't Overlook Tax-Friendly Savings Investors pay no heed to minute tax savings or expenses that are incurred by default. Pawar of Karvy Private Wealth, said, "For instance, employees forget to include their contribution to the Employee Provident Fund (EPF) as a part of the 1 lakh limit under Section 80 C. Similarly, parents forget to include the tuition fees paid for their children's education as a part of the 1 lakh limit. In fact, these components alone take care of the Section 80C limit."
Previous