Do your usual tax planning & gift your child Rs. 2.21 crore at age of 21 tax-free! Comments published in Mint on 8 June 2016. The idea here is to make investments for your child and also take advantage of 80C exemption by investing monthly into tax...
When families are blessed with little girls, the initial thoughts that come to mind are often of frilly dresses, shopping trips and weddings. While these things do make for wonderful memories, they all come with a price tag attached. Every trip to the mall and walk...
We just discovered a very good article on deductions on u/s 80c for school fees/tuition. Who is Eligible: Deduction for tuition fees u/s. 80C of the Income Tax Act 1961 is available to Individual Assessee and is not available to HUF. Maximum Child: Deduction under...
Shiksha Transcend’s unique solution to secure your child’s future What is Shiksha? It is a wholesome package to take care of the financial and knowledge requirement of your child. Along with ‘education funding plan’...
The other day Mr. Ajay has approached me to plan education funding for his son Ritesh. Among all the financial goals he has, this one is of utmost priority, I found. I enquired him about more details. And it opened a can of worms. 1) Estimation: We know the...
Take a quick check around you; what is the single most important thing for parents? Most would settle at “the best possible future of our child.” This is natural, fair and absolutely reasonable. There is nothing to contest the purity of this emotion save & except...
