
4 Smart Tips for Couples to Save Income Tax
The Indian economy is booming and so are the daily expenses. Whether it’s your house rent or other commodities that you need daily, the prices are soaring high every day. If that’s not enough, the Income Tax would consume a part of your income. Gone are those days when only the man used to earn for the family while the woman took care of the home and kids. It has become the topmost priority where the couple has to work in order to cover their expenses and nurture a healthy lifestyle for their family. Irrespective of that, the couple still has to pay the income tax individually every year which takes away a good share of their income. Today, I would provide you with some effective tips which would help you save Income Tax along with your spouse. Smart & Effective Tips for Working Couples to save Income Tax: 1) Make investments under the name of any one of you who falls under the lower tax bracket. Opting for investments for a secured future is must nowadays. Many couples also favour this and make investments on a regular basis but one of the biggest mistakes they make is that they […]