SlideShare una empresa de Scribd logo
1 de 33
Three Power Steps  to  Financial Success SAVE INVEST PROTECT COGNIZANT TECHNOLOGY SOLUTIONS | 28-SEPTEMBER  2007
We are Here ,[object Object],[object Object],[object Object],[object Object]
Tax  Planning
Two things are definite in life: Death and Taxes – Benjamin Franklin ,[object Object],[object Object],[object Object],[object Object]
The Negatives ,[object Object],[object Object],[object Object]
The Positives ,[object Object],[object Object],[object Object]
The Big picture ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Receipts (Heads of Income) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exempted Income ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exempted Income… ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exempted Income… ,[object Object],[object Object]
Deductions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Deductions… ,[object Object],[object Object],[object Object]
Deductions… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Deductions… ,[object Object]
Deductions on Reimbursement   Only   (Original Bills Submission)   ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Slabs Above 250,000 Above 250,000 Above 250,000 30% 195,001 to 250,000  (Next 65,000) 150,001 to 250,000  (Next 100,000) 150,001 to 250,000  (Next 100,000) 20% 145,001 to 150,000  (Next 5,000) 110,001 to 150,000 (Next 40,000) 10% First 195,000 is 0% 0 to 145,000  (First 145,000) 0 to 110,000  (First 110,000) 0% Tax Slab Senior Citizens  Tax Slab Female Tax Slab Male Tax  Rate
Case Study : ,[object Object],[object Object]
500000 Total 100000 Performance linked bonus 12,000 Utility Allowance 12,000 Child Education Allowance 9,600 Conveyance 15,000 Medical Reimbursement 10,000 LTA 38,000 CCA 17,045 PF 81,816 HRA 2,04,539 Basic
The Nay, Nays
Please avoid ,[object Object]
Mutual Funds < 365 days ,[object Object],[object Object]
  Car Loan / Personal Loan   ,[object Object],[object Object]
Fixed Deposits ,[object Object],[object Object]
The Yeah, Yeahs
A Farm House  Relax, Earn, Zero Tax Too ,[object Object],[object Object],[object Object]
My HOUSE Rent or Buy?
Benefit on Buying House ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax benefit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benefit on Rented House ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Assumptions ,[object Object],[object Object],[object Object],[object Object]
Assumptions… ,[object Object],[object Object],[object Object],[object Object]

Más contenido relacionado

La actualidad más candente

Income Tax Savings for Individuals
Income Tax Savings for IndividualsIncome Tax Savings for Individuals
Income Tax Savings for Individuals
DecosimoCPAs
 
Retirement Choices
Retirement ChoicesRetirement Choices
Retirement Choices
michnoel
 
Chap007
Chap007Chap007
Chap007
iDocs
 
Year end tax issues 2010 cl approved
Year end tax issues 2010 cl approvedYear end tax issues 2010 cl approved
Year end tax issues 2010 cl approved
Bennett Jay-Gordon
 
Superannuation policy
Superannuation policySuperannuation policy
Superannuation policy
Nishant Singh
 
Why a Group RRSP?
Why a Group RRSP?Why a Group RRSP?
Why a Group RRSP?
OMIRAJ
 

La actualidad más candente (20)

Savings & investments
Savings & investmentsSavings & investments
Savings & investments
 
Income Tax Savings for Individuals
Income Tax Savings for IndividualsIncome Tax Savings for Individuals
Income Tax Savings for Individuals
 
Retirement Choices
Retirement ChoicesRetirement Choices
Retirement Choices
 
Understanding tax!
Understanding tax!Understanding tax!
Understanding tax!
 
Commonly Overlooked Tax Deductions & Credits
Commonly Overlooked Tax Deductions & CreditsCommonly Overlooked Tax Deductions & Credits
Commonly Overlooked Tax Deductions & Credits
 
Entrepreneurship, Innovation and Small Business - a sketch in five slides
Entrepreneurship, Innovation and Small Business - a sketch in five slidesEntrepreneurship, Innovation and Small Business - a sketch in five slides
Entrepreneurship, Innovation and Small Business - a sketch in five slides
 
Chap007
Chap007Chap007
Chap007
 
Health care reform - Comp & Benefits for Not-for-Profit Entities
Health care reform - Comp & Benefits for Not-for-Profit EntitiesHealth care reform - Comp & Benefits for Not-for-Profit Entities
Health care reform - Comp & Benefits for Not-for-Profit Entities
 
Deferred compensation – Comp & Benefits for Not-for-Profit Entities
Deferred compensation – Comp & Benefits for Not-for-Profit EntitiesDeferred compensation – Comp & Benefits for Not-for-Profit Entities
Deferred compensation – Comp & Benefits for Not-for-Profit Entities
 
Ducen - Taxation15-16
Ducen - Taxation15-16Ducen - Taxation15-16
Ducen - Taxation15-16
 
Tax planning
Tax planningTax planning
Tax planning
 
Year end tax issues 2010 cl approved
Year end tax issues 2010 cl approvedYear end tax issues 2010 cl approved
Year end tax issues 2010 cl approved
 
EQUITRUST INCOME FOR LIFE RIDER
EQUITRUST INCOME FOR LIFE RIDEREQUITRUST INCOME FOR LIFE RIDER
EQUITRUST INCOME FOR LIFE RIDER
 
Superannuation policy
Superannuation policySuperannuation policy
Superannuation policy
 
Why a Group RRSP?
Why a Group RRSP?Why a Group RRSP?
Why a Group RRSP?
 
Superannuation funds
Superannuation fundsSuperannuation funds
Superannuation funds
 
Tax evasion a_forensicexpertsviewpoint_gfsu
Tax evasion a_forensicexpertsviewpoint_gfsuTax evasion a_forensicexpertsviewpoint_gfsu
Tax evasion a_forensicexpertsviewpoint_gfsu
 
Pensions presentation
Pensions presentationPensions presentation
Pensions presentation
 
Nicola Wealth Management - Proposed Tax Reform 2017: What Accountants Need to...
Nicola Wealth Management - Proposed Tax Reform 2017: What Accountants Need to...Nicola Wealth Management - Proposed Tax Reform 2017: What Accountants Need to...
Nicola Wealth Management - Proposed Tax Reform 2017: What Accountants Need to...
 
Proposed Tax Reform 2017: What You Need To Know
Proposed Tax Reform 2017: What You Need To KnowProposed Tax Reform 2017: What You Need To Know
Proposed Tax Reform 2017: What You Need To Know
 

Destacado

Destacado (11)

Amazing prediction _know_youself_
Amazing prediction _know_youself_Amazing prediction _know_youself_
Amazing prediction _know_youself_
 
Bsmed Myths Of Pf
Bsmed Myths Of PfBsmed Myths Of Pf
Bsmed Myths Of Pf
 
Strategies For Wealth Creation Icfai
Strategies For Wealth Creation   IcfaiStrategies For Wealth Creation   Icfai
Strategies For Wealth Creation Icfai
 
Rent Or Buy
Rent Or BuyRent Or Buy
Rent Or Buy
 
Session 2 Preparation Print
Session 2   Preparation PrintSession 2   Preparation Print
Session 2 Preparation Print
 
Online Trading Pros & Cons
Online Trading Pros & ConsOnline Trading Pros & Cons
Online Trading Pros & Cons
 
Lugi Insurance Selling
Lugi Insurance SellingLugi Insurance Selling
Lugi Insurance Selling
 
Low Cost Sanitary Napkin Making Technology
Low Cost Sanitary Napkin Making TechnologyLow Cost Sanitary Napkin Making Technology
Low Cost Sanitary Napkin Making Technology
 
NEW LOW COST TECHNOLOGY FOR LOW COST SANITARY NAPKIN MAKING
NEW LOW COST TECHNOLOGY FOR LOW COST SANITARY NAPKIN MAKINGNEW LOW COST TECHNOLOGY FOR LOW COST SANITARY NAPKIN MAKING
NEW LOW COST TECHNOLOGY FOR LOW COST SANITARY NAPKIN MAKING
 
marketing plan presentation
marketing plan presentationmarketing plan presentation
marketing plan presentation
 
Sanitary napkins manufacturing unit
Sanitary napkins manufacturing unitSanitary napkins manufacturing unit
Sanitary napkins manufacturing unit
 

Similar a Session 3 Print

Personal Finance For Starters
Personal Finance For StartersPersonal Finance For Starters
Personal Finance For Starters
Manish Chauhan
 
Taxation system(rims)
Taxation system(rims)Taxation system(rims)
Taxation system(rims)
Rajesh Biswal
 

Similar a Session 3 Print (20)

Tax planning
Tax planningTax planning
Tax planning
 
Tax Planning
Tax PlanningTax Planning
Tax Planning
 
More Savings with better Tax Planning!
More Savings with better Tax Planning!More Savings with better Tax Planning!
More Savings with better Tax Planning!
 
Taxation - Ducen
Taxation - DucenTaxation - Ducen
Taxation - Ducen
 
Compensation Mgmt Taxation
Compensation Mgmt TaxationCompensation Mgmt Taxation
Compensation Mgmt Taxation
 
Taximiser
TaximiserTaximiser
Taximiser
 
Income tax entitlements
Income tax entitlementsIncome tax entitlements
Income tax entitlements
 
Personal Finance For Starters
Personal Finance For StartersPersonal Finance For Starters
Personal Finance For Starters
 
Health Care Reform Tax Update
Health Care Reform Tax UpdateHealth Care Reform Tax Update
Health Care Reform Tax Update
 
Individual txation-fy-2020-21
Individual txation-fy-2020-21Individual txation-fy-2020-21
Individual txation-fy-2020-21
 
Individual-Txation-FY-2018-19-with-demo-of-return-filing.pptx
Individual-Txation-FY-2018-19-with-demo-of-return-filing.pptxIndividual-Txation-FY-2018-19-with-demo-of-return-filing.pptx
Individual-Txation-FY-2018-19-with-demo-of-return-filing.pptx
 
Presentation 2.pptx
Presentation 2.pptxPresentation 2.pptx
Presentation 2.pptx
 
Cambodian Tax on salary
Cambodian Tax on salaryCambodian Tax on salary
Cambodian Tax on salary
 
Group 4
Group 4Group 4
Group 4
 
Taxation issues for entrepreneurs
Taxation issues for entrepreneursTaxation issues for entrepreneurs
Taxation issues for entrepreneurs
 
2016 tax review hints
2016 tax review hints2016 tax review hints
2016 tax review hints
 
Crack your salary slip
Crack your salary slipCrack your salary slip
Crack your salary slip
 
Taxation system(rims)
Taxation system(rims)Taxation system(rims)
Taxation system(rims)
 
Rh financial and tax planning
Rh financial and tax planningRh financial and tax planning
Rh financial and tax planning
 
Brighten Your Future, with Tax Tips and Retirement Planning
Brighten Your Future, with Tax Tips and Retirement PlanningBrighten Your Future, with Tax Tips and Retirement Planning
Brighten Your Future, with Tax Tips and Retirement Planning
 

Más de Venkatachalam Vaidhiyanathan

Más de Venkatachalam Vaidhiyanathan (19)

Strategies For Wealth Creation
Strategies For Wealth CreationStrategies For Wealth Creation
Strategies For Wealth Creation
 
Session 4 Print
Session 4   PrintSession 4   Print
Session 4 Print
 
Resume Writing Final
Resume Writing FinalResume Writing Final
Resume Writing Final
 
Session 1 Preparation Printversion
Session 1   Preparation PrintversionSession 1   Preparation Printversion
Session 1 Preparation Printversion
 
Resume Writing
Resume WritingResume Writing
Resume Writing
 
Personal Finance Workshop
Personal Finance WorkshopPersonal Finance Workshop
Personal Finance Workshop
 
Online Share Trading – Benefits And Pitfalls
Online Share Trading – Benefits And PitfallsOnline Share Trading – Benefits And Pitfalls
Online Share Trading – Benefits And Pitfalls
 
Magna Budgeting And Saving
Magna Budgeting And SavingMagna Budgeting And Saving
Magna Budgeting And Saving
 
Mannerisms In Professional World
Mannerisms In Professional WorldMannerisms In Professional World
Mannerisms In Professional World
 
Jumpstart To Career
Jumpstart To CareerJumpstart To Career
Jumpstart To Career
 
Interview Skills
Interview SkillsInterview Skills
Interview Skills
 
Ins Agrani Workshop
Ins Agrani WorkshopIns Agrani Workshop
Ins Agrani Workshop
 
Ins Agrani Wealth Creation
Ins Agrani Wealth CreationIns Agrani Wealth Creation
Ins Agrani Wealth Creation
 
Ins Agrani Myths
Ins Agrani MythsIns Agrani Myths
Ins Agrani Myths
 
Group Discussion
Group DiscussionGroup Discussion
Group Discussion
 
Fundamental Of Personal Finance
Fundamental Of Personal FinanceFundamental Of Personal Finance
Fundamental Of Personal Finance
 
Budget Expense
Budget  ExpenseBudget  Expense
Budget Expense
 
Business Case
Business CaseBusiness Case
Business Case
 
Benefits of Employee Education
Benefits of Employee EducationBenefits of Employee Education
Benefits of Employee Education
 

Último

+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
?#DUbAI#??##{{(☎️+971_581248768%)**%*]'#abortion pills for sale in dubai@
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 

Último (20)

Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
HTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesHTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation Strategies
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of Brazil
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 

Session 3 Print

  • 1. Three Power Steps to Financial Success SAVE INVEST PROTECT COGNIZANT TECHNOLOGY SOLUTIONS | 28-SEPTEMBER 2007
  • 2.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17. Tax Slabs Above 250,000 Above 250,000 Above 250,000 30% 195,001 to 250,000 (Next 65,000) 150,001 to 250,000 (Next 100,000) 150,001 to 250,000 (Next 100,000) 20% 145,001 to 150,000 (Next 5,000) 110,001 to 150,000 (Next 40,000) 10% First 195,000 is 0% 0 to 145,000 (First 145,000) 0 to 110,000 (First 110,000) 0% Tax Slab Senior Citizens Tax Slab Female Tax Slab Male Tax Rate
  • 18.
  • 19. 500000 Total 100000 Performance linked bonus 12,000 Utility Allowance 12,000 Child Education Allowance 9,600 Conveyance 15,000 Medical Reimbursement 10,000 LTA 38,000 CCA 17,045 PF 81,816 HRA 2,04,539 Basic
  • 21.
  • 22.
  • 23.
  • 24.
  • 26.
  • 27. My HOUSE Rent or Buy?
  • 28.
  • 29.
  • 30.
  • 31.  
  • 32.
  • 33.