Outlook Money
New Page 1

10 Mutual Fund Mistakes

Investment Options for NRIs

§Housing Q&A

§Q&A Stocks Expert

§Insurance Q&A

§India’s Best Mutual Funds

§India’s 1st-ever Ulip ranking

§Apply For Loans

§For Loans: Ask Harsh

§The Outlook Money,
NDTV Profit Awards

§Tax Q&A

Get Outlook Traveller magazine for free! Simply log on to www.outlooktraveller.com and review a hotel you've stayed at, or a place you've visited. The month's 10 best reviews win a year's supply of Outlook Traveller.

TAXMASTER
SALARIED
¨ Your tax calendar
¨ Tax liability
¨ Tax breaks
¨ Tax rates
¨ Returns
¨ Rejig your salary
SELF-EMPLOYED
¨ Your tax calendar
¨ Tax breaks
¨ Tax rates
¨ Expenses
¨ Returns
¨ Your other concerns
MYTHBUSTER
Are you myth-proof? Test your beliefs here.
>Don’t need to file returns if I don’t pay taxes
>IT refunds are impossible to get
>Rebates and deductions are the same
more
 
 subscribe
All issues

EXPERTADVICE
   


(Below 65 years)

How much tax can you save on a home loan?

TAXSAVERS
Deductions
 
   Exemptions under
   Capital Gains
   
   Cost Inflation Index
   
   NSC: Interest accrued
   p.a. per Rs 100
   

Tax Reckoner

Advance Tax Planner
FORMWISE
Which form should you use to pay tax? Getting it right can save you that surreal experience. Help yourself to this tool, and download the right form for you..

HOW TO

PLANNING  
Tax Axe on Investments?
Anil J. Sathe
 
Being an investor, and not a trader, makes a whole lot of difference to the tax liability of a person. We look at the tax implications that different investments have  
§ Cutting Complications: Investments Made Tax-Savvy For You
 
Get tax sops, reap returns
Sunita Abraham
 
That’s what ELSS investments have to offer, coupled with other benefits  
Combo on offer
Kayezad E. Adajania
 
Take a look at funds that offer a combination of tax savings and pension after retirement  
Look beyond the tax breaks
Sunil Dhawan
 
Consider flexibility, performance and prospects before buying a pension plan  
§ Unit-Linked Pension Plans
§ Pension Plan Demystified
 
Calculate your Tax
Sunil Dhawan and Swami Saran sharma
 
It is now just a five-minute sprint to calculating your tax liability  
Calculate your Deductions
Sunil Dhawan and Swami Saran Sharma 
 
You can reduce your taxable income by investing in specified instruments. You can work that out in 15 minutes   
Calculate your income
Sunil Dhawan and Swami Saran Sharma
 
It takes 10 minutes to find out your Gross Total Income  
30 Minute TAX GUIDE
Swami Saran Sharma and Udayan Ray
 
Calculate your income, find the deductions, and work out your tax. In a matter of minutes  
Taxing times ahead, are you on track?
Sunil Dhawan
 
If you haven’t planned on taxes already, do it before it gets too late. Only, while doing this, decide whether you just want to save taxes or make goal-based investments  
BEATING THE TAXMAN  
Get the edge
Kanu H. Doshi
 
Five ways with which you can effectively structure your loans and investments to reduce the tax burden  
li’l club class travellers
Sunil Dhawan
 
Your minor child’s income would be lumped with yours. So try to create tax-free income streams for him  
Make Losses, Save Tax
Praful Poladia
 
Negative income does not attract tax, but actually saves you money  
§ Lossmaker's Guide to Tax Savings
§ Uneven Rules
 
Building on Tax Gains
Ravikant Kamath
 
You can avail a host of tax benefits if you are buying or building your own home.  
Tax-proof Your Legacy
Vishal Chopra
 
Strategies to ensure that the assets you leave behind for your dependants end up in their hands. And not in the grubby paws of the taxman.  
CAPITALGAINS  
Tax Frontier Not Frozen Yet
Ameet Patel
 
No clarity on defining gains from transactions in shares as business or investment income  
§ Investment or Business?
 
RULES & REGULATIONS  
From Saral to Complicated?
Kanu H. Doshi
 
The new forms, 8 in number, are between 2 and 20 pages. There’s a list of instructions too  
I-T Returns blues over?
Anagh Pal
 
Tax Return Preparers at your service now  
Which Club Class Are You?
Ravikant kamath
 
Find out if you are responsible for income earned by other family members, or not  
Defending Accountant's Nag
Ameet N. Patel
 
Deducting tax at source is as painful for the employer as it is for the employee.  
Not So Saral
Tejas P. Bhope
 
Filing income tax returns is set for another round of complication. The new Form 2F is hardly simple as the government claims, but there is a way out.   
§ What You Should Do
 
BUSINESS & PROFESSION  
Importance of Being Pan
Rajesh Kothari
 
This number is key to most financial transactions, and is an easy proof of identity  
HOUSEPROPERTY  
Buying Back Homeland
Tarunkumar G. Singhal
 
Primer on acquisition and transfer of immovable property for NRIs, PIOs and foreigners  
DEDUCTIONS & REBATES  
What else but ELSS?
Ameet N. Patel
 
Good returns, full tax deduction, and a low lock-in make ELSS attractive.  
TAXRECKONER  
Profitable Partnerships
Bhavesh Gandhi
 
Get a fix on these rules and build a tax-friendly partnership company.  
BUDGET  
Too Neutral
Dilip V. Lakhani
 
Bringing bank deposits u/s 80C is a welcome move, but the five year tenure is unreasonable.  
The pros and cons
Vishal Chopra
 
What does Budget 2006 portend? A quick look at its implications  
§ Taxation: The highs
§ Taxation: The lows
 
The loony fringe
Vishal Chhabria and Archana Rai
 
If FBT is levied on superannuation contributions, would your employer support your retirement plans?  
§ How the loony fringe hurts
 
SALARYISSUES  
What Benefits?
Dilip V. Lakhani
 
The business community objects to FBT on genuine business expenses  
Frankly Baffling Tax?
Archana Rai
 
The August 29 FBT circular has created more confusion than it had sought to dispel  
§ The Three Faces of FBT
§ Before Negotiating
§ Perplexing Prescription
 
Loony fringe
V. Venkatesan and Vishal Chopra
 
The fringe benefits tax will lop off a meaty chunk of your pay. Unless bossman comes to the rescue.  
§ It Pays to become a Consultant, but...
§ How’s It Treated?
§ Win-Win Salary Structures
§ 'You Can Drive My Car'
§ Employers Who Care
§ An Idiot’s Guide to FBT
 
No Benefits, Only Tax
Praful Poladia and Ravikant Kamath
 
It is supposed to be a tax on the employer, but it is the employee who will end up paying it.  
WINDFALL  
How to manage windfall gains
Udayan Ray
 
Unexpected gains could disappear just as quickly as they appear unless you have a workable strategy to help your money grow.  
§ Making Your Windfall Last
 
Have a ball with your windfall
Nimesh Shah
 
---  
§ Taxes After Investments
 
 Search    In    For   
INSURANCE  |  RETIREMENT PLANNING  | STOCKS  |  LOANS  |  MUTUAL FUNDS  |  CALCULATORS  |  GLOSSARY

   ADVERTISE    |      DISCLAIMER    |     ABOUT US      |     HOME