Introduction Managing your Provident Fund (PF) savings is becoming easier than ever. Starting January 2025, Employees’ Provident Fund Organisation (EPFO) users will be able to withdraw PF money directly from ATMs. This groundbreaking initiative, confirmed by Labour Ministry Secretary Sumita Dawra, is expected to benefit over 70 million EPFO account holders. Here’s everything you need…
Mastering Tax Planning and Rebate Strategies: A Roadmap to Smart Financial Savings
Certainly! Let’s delve into each topic of tax planning and rebate strategies in detail: Tax Planning: Tax planning is the process of organizing one’s finances and investments in a way that minimizes tax liability while ensuring compliance with tax laws. It involves understanding various tax-saving opportunities, deductions, exemptions, and credits available under the Income Tax…
A Comprehensive Guide to Tax Planning and Rebates in India for ITR Filing
Tax planning is an essential aspect of managing one’s finances responsibly. It involves organizing your financial affairs in a way that minimizes your tax liability while staying compliant with the tax laws of India. Income Tax Return (ITR) filing season provides an opportune time to assess your financial situation and explore various avenues for tax-saving…