Bala Murugan

How to save income tax in India

There is a host of entire legitimate ways of saving tax under the Income Tax Act, 1961. These include tax-saving mutual funds, NPS, insurance premiums, medical insurance and many others. In this article, we cover all the major tax deductions under the Income Tax Act: The below mentioned investments/deductions are all subject to a cap of Rs …

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Different types of taxes in India

Taxes are an essential part of any nation to promote its economic growth. The taxes that we pay fill the coffers of the government, which are then utilised by it to deliver various services to the country’s population. The government has been given the authority to collect taxes by the Indian Constitution. All the taxes …

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8 Reasons Why You Should Outsource Your Accounting

  Introduction Some small business owners consider having an internal team to manage their finances or, in some cases, manage it themselves. This might be suitable for some, but most businesses could really benefit from outsourcing their accounting to a specialist.There are numerous reasons why outsourcing your financial management makes business sense, here are eight. …

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