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What is tax saving?

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Anonymous

12y ago
Updated: 8/17/2019

It means to save tax

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Wiki User

12y ago

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Related Questions

What are the tax saving schemes in India?

Tax Saving Schemes in India:Post your tax queries in http://www.etaxmentor.com/etmc/eTaxMentorPages/Query.aspxfor free............We are happy to help you.http://www.etaxmentor.com


How do people get tax free savings?

People get tax free saving by making a tax free savings account. TFSA is a flexible registered , general-purpose saving vehicle that allows people to earn tax free investments income.


How do economists define saving?

That part of after-tax income which is not consumed.


Does legal software provides forecasts of tax liability and offers money-saving tax tips?

No, it does not. It is false.


What is best tax saving plan?

Life Insurance policies offer best tax saving plan to help you save uptoRs...u/s 80C. You can also save tax u/s 80CCC, 80D and 80 DDD.


Anyone help me find the best tax saving mutual fund schemes in India?

: Hi there! In order to save tax on the mutual fund schemes, you can invest in equity linked saving schemes under tax save law section 80C. However, equity linked saving schemes are diversified schemes wherein you can invest in equity related instruments, having a locking a period of about 3 years. For your reference, I have listed some of the good financial institution that offers best tax saving schemes. They are as follows: Top 5 tax Saving Mutual Fund based on lat 1 year returnsSBI Magnum Tax PlanReliance Mutual Fund - ELS - Fund Series 1Sundaram BNP Paribas Tax SaverFranklin India Tax ShieldPrudential ICICI Tax PlanI hope the above information might be useful for you.


Best saving schemes in India?

ELSS Funds = Tax Saving + High ReturnsBest tax saving mutual funds to invest in 2018 are here just to mention a few areAditya Birla Sun Life Tax Relief 96Tata India Tax Savings FundKotak Tax SaverAxis Long Term Equity FundDSP BlackRock Tax Saver FundAll of these are ELSS (Equity-Linked Savings Schemes) and right off the bat, you can save Rs.1,50,000 from being taxed by investing in them.


What are the best tax saving options available in the USA?

Some of the best tax-saving options in the USA include contributing to retirement accounts like 401(k) or IRA, utilizing health savings accounts (HSAs), taking advantage of tax credits like the Earned Income Tax Credit, and investing in tax-advantaged accounts like 529 plans for education savings.


What is the best tax saving plan available for individuals and businesses?

The best tax saving plan for individuals and businesses is to consult with a financial advisor or tax professional to determine the most suitable strategies based on your specific financial situation and goals. Common options include contributing to retirement accounts, taking advantage of tax deductions and credits, and structuring business expenses efficiently.


What is an expansion of tisa?

The webpage at 'www.tisa.uk.com' gives the name and details of the Tax Incentivised Saving Association.


What tax advantage saving plan designed to encourage savings for future college costs?

529


Why did people have businesses in their homes?

Their are different reasons of people for doing business at their home. But i think the main reason is saving cost like, land cost, tax saving etc.