An Equity Linked Saving Scheme (ELSS) or a tax saving/planning mutual fund scheme helps investors to save taxes under Section 80C of the Income Tax Act. Investments in ELSS qualify for a tax deduction ...

Plan your investment and save tax with this handy interactive tool ...

The tax incentives for charitable giving haven’t gone away. Charitable donations to eligible 501(c)(3) non-profit organization, such as Save the Children continue to be itemized deductions which may ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

Very few people know how much money can be kept in a savings account. Is there any limit to it? And if more than the limit is kept, is there any tax or penalty? Let us know the answers to all these ...

What did the Octopus ads say? The Octopus ads across social media, radio and billboards claimed: "Most homes would save with Octopus." And an email on 7 October said: "We’ve been notified by ...

Anything that restricts how much you can save is, to me, not very good ... to the Internal Revenue Service when you're filing your tax return. You'll have to file a Form 1099-INT, which will ...