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	<title>Indian Share Market &#187; tax saving schemes</title>
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		<title>Indian Tax Saving Tips</title>
		<link>http://indiansharemarket.in/indian-tax-saving-tips/</link>
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		<pubDate>Wed, 26 Nov 2008 04:57:57 +0000</pubDate>
		<dc:creator>Stock Market</dc:creator>
				<category><![CDATA[Tax Saving Tips]]></category>
		<category><![CDATA[elss]]></category>
		<category><![CDATA[indian tax]]></category>
		<category><![CDATA[section 80c]]></category>
		<category><![CDATA[section 80d]]></category>
		<category><![CDATA[tax saving]]></category>
		<category><![CDATA[tax saving schemes]]></category>

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		<description><![CDATA[&#160;&#160;Everyone seems to read about tax saving tips just before filing their returns. Now that March 31st is just three months away, here are few tax saving tips: 1. For Businessmen &#38; Entrepreneurs, keep all business-related receipts. Keep track of what the receipts are for, and save them in a safe place. 2. Put your children on the payroll. By having them do some work for you, you’ll be able to shift some of your income that would be taxed at a higher rate to their lower tax bracket. 3. You can save more tax by obtaining gifts from older family members. 4. If you worships some deity, then you can have a private religious trust of one’s own chosen deity. Such a trust would be liable to assessment as a separate taxpayer under the category of artificial juridical person and would enjoy a separate exemption of Rs 1.10 lakh. // 5. If you’ve done well with your investments and are looking at significant capital gains, prior to year-end is the time to offset some of those gains by selling a losing venture. But if you are making a loss, then you can carry forward that loss to next financial [...]]]></description>
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