Tax Deduction for Education Loans
Introduction It is common that students seeks loans for their education. Many people not aware that the education loans can be used for the tax deductions. From April 2007, the loans taken by self or parent or spouse is also deductible under the tax. In this article I will be writing about the tax deduction [...]
Income Tax for Agricultural Income
Introduction In this article I will be writing about the tax implications on the agricultural income. First of all you need not pay the tax for any agriculture income. When you have other sources of income, agriculture income will be clubbed to the total income and give you higher rate for the income tax. If [...]
Tax Planning for 2009 – Part 2
Introduction Earlier I have published Tax Planning for 2009 – Part 1. The previous post explains the basic stuff on tax savings using the home loans and the fixed deposit schemes. It doesn’t look into any specific section of the income tax act. This part of the article will be looking into section 80c of [...]
What is EMI and pre-EMI?
Introduction In this article I will be writing about the difference between EMI and pre-EMI. Most of the people heard about the EMI, not aware of the pre-EMI and the benefits involved in the pre-EMI. In this article we will look into more details about the pre-EMI and in what situation pre-EMI can be benefited [...]
