Author: Prince Doshi

Highlights of the Union Budget 2013

Whether you’re preparing for Interviews and Group Discussions or are just interested in keeping in touch with important developments of the all important budget of the country, please find the highlights of the budget below.   1.     Tax benefit for first time home owners Individuals intending to avail housing loans from financial institutions upto Rs

Know everything about Tax Saving from the House Rent Allowance component of your CTC

(Promoted : All articles by CA Prince Doshi , Tax Planning services by Prince Doshi ) All you need to do to avail exemption of House Rent Allowance from your salary income and reduce your tax liability A salaried employee is expected to offer his entire salary income to tax without any deductions except for profession tax.  This gives

Are you set to file your income tax return for the financial year (‘FY’) 2012-13?

( Promoted: All articles by CA Prince Doshi, Tax Planning services by Prince Doshi ) Are you set to file your income tax return for the financial year (‘FY’) 2012-13? 31st July – The date on or before which every individual / HUF / partnership firm is required to file their income tax return (‘return’) in accordance with

Have you planned your tax savings for the financial year (‘FY’) ending March 31, 2013?

It’s February and I hope everyone would have commenced planning about the closure of their books of accounts.  The most important aspect that needs consideration while planning is how to effectively reduce one’s income-tax liability for the current year (FY 2013). ( Promoted :  All articles by CA Prince Doshi, Tax Planning services by Prince Doshi)

Reduction in Take Home Salary – Important for all graduating in 2013 and beyond

All you need to know about the impact on your take home salary considering the proposed EPFO circular (Read Prince Doshi’s previous article on InsideIIM – All you need to know about Tax Benefits on Education Loan Interest Payments ) (Promoted : All articles by CA Prince Doshi, Tax Planning services by Prince Doshi ) Contribution to Provident Fund is