Tax Planning | Enrichwise

How can NRI’s Invest in India and What are the Tax Implications?

How can NRI’s Invest in India and What are the Tax Implications? Investing in India can be a lucrative opportunity for Non-Residential Indians (NRIs) looking to diversify their portfolios and tap into the growth potential of the Indian economy. However, investing as an NRI in India also involves dealing with various tax implications, which can […]

February 1, 2023 Financial Planning, Tax Planning Kapil Jain

Budget Highlights – 2023 ! Highlights and Old regime Versus New regime !!!

Budget Highlights – 2023 ! Highlights and Old regime Versus New regime !!! 7 key changes in Budget impacting ‘Investors’ – 1) New Life Insurance policies > 5 lacs aggregate premium – Proceeds are now taxable (For ULIPs this was already at 2.5 lacs ) Impact – Traditional Insurance becomes unfavourable from 1st April. Rush […]

August 6, 2022 Investment Planning, Tax Planning Kapil Jain

Why Debt Funds score over FD’s and Should you Invest in Debt Mutual Funds or FDs?

Capital safety, the rate of returns, lock-in period and taxation are some of the key features those can help you select between debt mutual fund and fixed deposits. When it comes to investing, for many of us safety comes first and returns come second. After all, no one wants to play gamble with his or […]

March 3, 2022 Tax Planning Kapil Jain

Why you should Invest in ELSS for tax Savings? 12 Features of ELSS

12 Features of ELSS funds Equity Linked Savings Scheme is a type of equity mutual funds that offers tax saving and wealth creation. Here are a few unique characteristics of ELSS that make it an ideal investment option. 1. What is Equity Linked Savings Scheme Funds? Equity Linked Savings Scheme Funds (ELSS) also known as […]

April 21, 2020 Tax Planning Kapil Jain

New income tax Regime: What should I Choose?

New income tax Regime: What should i Choose? This is a common question I have been getting from salaried employees who have to choose between old and new regime and declare to their employers for the FY 20-21 * New Simplified Personal Income Tax Regime for Individual Taxpayers Income Bracket Tax Rate 5L – 7.5L […]

February 9, 2020 Finance, Tax Planning Operations

Budget HIGHLIGHTS 2020-21 !!!!

The Union Budget for FY 2020-21 was presented by Finance Minister Nirmala Sitharaman on 01st February, 2020 Here we present you the Highlights of Union Budget 2020 * Proposed Direct Tax Reforms* * New Simplified Personal Income Tax Regime for Individual Taxpayers Income Bracket Tax Rate 5L – 7.5L 10% 7.5L – 10L 15% […]

November 24, 2019 Financial Planning, Tax Planning Kapil Jain

Basics about Home Loan , TAX & Exemptions

Basics about Home Loan , TAX & Exemptions Q – What are the sections in which I can claim tax benefit for Home Loan?

February 2, 2019 Tax Planning admin

Interim Budget FY 2019-20 Highlights ! for Normal Salaried

Interim Budget – Highlights ! 1. Full tax rebate for individuals earning up to Rs.5 lakh. Tax savings largely for people earning about 5-10L annually. Minimal impact for people in the higher tax slabs or earning say 15L+ etc. They still save about 3K annual for the savings on tax on 10K increase in standard deduction […]

January 2, 2018 Tax Planning admin

Five SMART things to do in Jan / Feb / March from TAX perspective.

Last 3 months left for financial year end. Five SMART things to do in Jan/ Feb / March from TAX perspective. (Financial Year End 2017-2018 ends in March) 1. Make sure that the 80C investments are done 1.5L for you and spouse(if applicable) 2. Check your short term Capital Gains (from Stocks/MF) – if possible plan […]

January 14, 2015 Tax Planning admin

6 good ways for year end tax planning.

You can use the following 6 good ways for year end tax planning. 1. Let your dud stocks help you save tax Since long-term capital gains from stocks sold on stock-exchange is exempt from tax; long term capital losses from the stocks is also not allowed to be set-off and / or to be carried […]

Category: Tax Planning