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Intoduction to saving your tax
01:15 Mins Read
What is income tax and various legal methods of saving tax.
"Intoduction to saving your tax “...but in this world nothing can be said to be certain, except death and taxes.” Don't we all feel a little wrench when we have to pay taxes. The reason behind tax, is to support the government in providing us with all the facilities.
But.. DO you know There are many legal ways to save your taxes? The tax issues doesn't just end here, there is another daunting part. How to calculate your tax liability? The percentage of your income which you pay to the government is called income tax.
Income tax is different for all the age groups and income slabs. There are many ways to save income tax, the most common are through loans, investments, and insurance. There are many ways and techniques you can use to save and calculate your taxes which may seem confusing in the begining. Don't worry we are here to help you. Read about importance and journey of taxes and how to save them on Smart Money by Angel Broking and put it to actionable use."