Taxpayer to Taxsaver

Description

Mastering tax basics: Exempted incomes, including NSO schemes, LIC payments and dividends from shares and equity funds

? Tax concessions for salary earners

? Deductions from income under new Section 80C, pension scheme, mediclaim, deductions from interest on loans, etc.

Top tax haven — Shares and equity mutual funds: Total tax exemption on long-term capital gains

? Tax-free dividends

? How to use equity funds like a savings account

? How to reduce market risk

? Growth versus dividend options.

How to save capital gains: All the exemptions available under Section 54 — and how to make the best use of them

? Making use of indexation to lower taxes

? Buying a house property to save tax on capital gain

? Capital gains on gifted assets

? Capital Gains Account Scheme — the pitfalls to watch out for.

Tax-saving investment options: PPF and Employee's Provident Fund (EPF) — tips and tricks; why additional contribution to EPF may be a great idea ? How HUF partition can save tax.

Retirement planning: When to opt for VRS

? Best investment options for retirement planning

? Pension pitfalls.

Tax-saving in property: Tax-efficient ways of investing in property

? Housing loans for your dream house — how much loan to go in for.

Solutions to frequently-encountered tax kinks, including:

Salary

? Capital Gains

? Income tax

? Gift and wealth

? NSCs and PPF

? TDS

? Shares and securities

? Mutual funds

? Life insurance

? House property, etc.