How to Save Income Tax through Tax Planning (FY 2017-18‪)‬

”Packed with hundreds of ready-to-use tax saving ideas” — The Hindu


Practical and time-tested methods for saving income tax


Every year, the Union Budget changes some tax provisions or the other. Which means every year you need expert guidance to figure out your best tax-saving options because while some tax reliefs may be obvious — others are buried in fine print.


Every year, India's top taxation experts R. N. Lakhotia and Subhash Lakhotia provide you just that — all the best tax-saving solutions that you can profitably use, all packed in this bestselling tax guide.


Find out how you can reduce taxes:


● Tax saving through full claim of tax exemptions, deductions and rebates

● How to reduce tax on your salary and perquisites<li>How to save tax on income from house property

● How to save tax on capital gains

● How to save tax through gifts and trusts

● How to compute your taxable income

● Filing your income tax return — the easy way

● Tax planning for different stages of life

● How to plan your investments to minimise taxes.


Full of practical examples and expert guidance, this book is India's most trusted tax-saving guide, which is why The Hindu newspaper hails it as a book "packed with hundreds of ready-to-use tax saving ideas”.


And, remember, tax saved is additional money in your bank — to spend or invest as you want.


About the Author(s):


Ram Niwas Lakhotia is a well-known authority on taxation in the country. He is a regular writer and editor of several books on Income-tax, Vegetarianism and also Humour. His various books have seen over 500 editions so far. He regularly writes for leading newspapers. He had a brilliant academic career. He stood First Class First in both the Degree and Post-Graduate Examinations in Commerce. He joined the Indian Revenue Service and stood First in the whole of India in the I.T.O’s Examination.


As the founder Chairman of Rajasthani Academy, New Delhi he is active in social service and cultural activities. Every year he awards “Lakhotia Puraskar” of Rs. 1 lakh, declared by the Central Government as a National Award for the best writer in Rajasthani language. He is past District Governor of Lions Clubs International. As the President of Vegetarian Congress of Delhi he is spreading Vegetarianism for Health and Happiness. He is Trustee of several Charitable Trusts. He has addressed over 5,000 seminars &amp; lecture meetings in India and abroad and conducted a very popular show “Tax Doctor” of Zee Business.


Subhash Lakhotia (1949-2016) was the Director of R. N. Lakhotia and Associates LLP and Lakhotia College of Taxation and Management, and an Income-tax practitioner for over 45 years, practising as a consultant on tax planning, tax documentation and investment planning. He wrote prodigiously in various national dailies and also addressed numerous seminars and lecture meetings on taxation and tax planning. He also conducted the popular course known as “Zero to Hero in Direct Taxes.”


He was selected as the best youth of India by the Lions International to represent India at the World Youth Congress held at Atlantic City, USA in 1970. He was Secretary General of Investors Club and President of Spiritual Clubs International and Unite to Invest (UTI), Chief Strategist of Real Estate Strategy Group, and was also actively associated with various professional bodies connected with real estate. He has written dozens of books on income-tax, investment and real estate, and spirituality. He was actively associated with Lions Clubs International. He has been awarded the “Sahityashree” award and “The Suryadatta National Award, 2010”. In the year 2014 he was awarded the “Ambassador of Good Will” award by The International Association of Lions Clubs, USA.


Subhash Lakhotia anchored the very popular TV show “Tax Guru” on CNBC Awaaz. He featured in over 500 continuous episodes. “Tax Guru” won the National Television Award, 2010 for “Best Business Talk Show of the Year.” He instituted “Subhash Lakhotia Shrawan Kumar Puraskar” of Rs. 1 lakh per year and another award known as “Subhash Lakhotia Sewa Puraskar” also of Rs. 1 lakh per annum.