Tax Savings Archives | H&R Block | Blog
March 28, 2017
Filing Taxes for the First Time

Take the Online Route to Make Instant Tax Saving Investments

The deadline for making tax-saver investments – March 31 – is just around the corner, but the chances that many taxpayers are yet to complete this exercise are high. It is no secret that many postpone the process until it cannot be put off any […]
March 27, 2017
5 Tax Saving Mistakes

Five Tax Saving Mistakes You Must Avoid

The season to make tax-saving investments is drawing to a close. The last date for making these investments – March 31 – is here, and you can expect calls from your bank’s relationship managers, agents and other intermediaries urging you to complete the exercise. It’s […]
March 2, 2017

Tax Planning for the Young and Restless

Rising disposable incomes have meant that younger individuals – even those in their 20s who might have just started working – too feel the need to keep their tax outgo in check. This category of taxpayers could be vulnerable to financial advice driven by commissions […]
December 2, 2016
Tax SAving Expenses

8 Smart Tax Saving Expenses

  With inflation catching the headlines too often have you been worried about expenses draining your income? The Income Tax Act offers some reason to lift your spirits amidst the gloom of expenses. There are more than a handful of expenses that help you slash […]
September 16, 2016
Education Tax Benefits

Education and Taxes – Dual Benefits!

Education holds great value and importance in our life. Education promotes rational thinking and intellectual freedom. It improves our way of interaction with the world and our understanding of it. However, recently we are witnessing a rapid surge in education costs. Affordable education is increasingly […]
September 5, 2016
international charity day

On International Charity Day, Know About Tax Benefits of Doing Charity!

When you pay your taxes timely, you contribute to the development of your community. However, taxes aren’t the only way to give something back to the society, you can also do charity. To encourage charity, government provides tax deductions to the donors. Today, on International […]
May 6, 2016
Plan early to save Taxes - H&R Block

Five reasons to plan for tax-saving early, rather than January-March – H&R Block

We give you 5 strong reasons why you should plan and make investments sooner rather than later. Saving early helps channelise money When you receive a hike in your salary after March appraisals, it is also the right time to channel these extra amounts towards […]
April 27, 2016
Save Taxes by Planning Early

How to save taxes by planning early

Most of us work too hard round the year but give very less priority to save the taxes or the importance of the tax planning and saving it early. It is said, “Failing to plan is as good as planning to fail” As when it […]
April 26, 2016
Tax Benefits of Education Expenses

How Do Education Expenses Affect My Taxes?

  Education expenses are increasing by the day. Education being the basic necessity of life is an undisputable expense and hence cannot be avoided. In India quality education comes at a premium cost. The good news is that these expenses can be claimed as a […]
March 15, 2016
Tax Savings on Rental Income

Tax Savings on Rental Income or Deemed Rental Income

  Let’s start with understanding ‘Rental Income’. When you rent out your house or a commercial property or a land appurtenant and the income earned is known as rental income. This rental income which is not used for business or profession is added under the […]