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Research paper on tax planning in india

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Complete your documentation now on the Instant Account Opening Page. Read Full Story. PPF has a minimum lock-in period of 5 years and loans can be taken against PPF after this lock-in period is completed. Withdrawals are permitted from the seventh year onwards and the interest on PPF and the final redemption is entirely exempt from tax. ELSS contribution These specific tax-saving equity funds with a 3-year lock-in period have become quite popular over the last few years.
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Tax-saving strategies for smart income-tax planning

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Tax Planning For Salaried Employees

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Abstract Income Tax Act, governs the taxation of incomes generated within India and of incomes generated by Indians overseas. Income Tax Act, is the guiding baseline for all the content in this report and the tax saving tips provided herein are a result of analysis of options available in current market. Every individual should know that tax planning in order to avail all the incentives provided by the Government of India under different statures is legal. This Income Tax Planning in India with respect to Individual Assessee MBA Project covers the basics of the Income Tax Act, as amended by the Finance Act, and broadly presents the nuances of prudent tax planning and tax saving options provided under these laws.
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