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Financial planning for salaried employee and strategies for tax savings
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MBA - Finance
Project Name : Financial planning for salaried employee and strategies for tax savings
Project Description : Income Tax Act, 1961 governs the taxation of incomes generated within India and of incomes generated by Indians overseas. This study aims at presenting a clear and simple understanding of tax planning of every salaried individual’s income in India.
Income Tax Act, 1961 is the important factor for all the content in this project 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.
I prepared this project with the help and basics of the Income Tax Act as amended by the Finance Act and broadly present the nuances of tax planning and tax saving options for salaried persons provided under these laws. Any other repulsive means to avoid or evade tax is a cognizable offence under the Indian constitution and all the citizens should refrain from such acts.
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Project Name : Financial planning for salaried employee and strategies for tax savings
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MBA - Finance
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