Tag Archives: #SavingsTechniques

How to Utilize Funds?

Fund allocation

Fund Allocation Strategies Fund allocation strategies, Utilizing funds effectively involves careful planning, allocation, and monitoring.   Here are some steps to consider when it comes to utilizing funds:   1.Define Objectives: Clearly identify the objectives and goals that the funds are intended to support. This could be project-specific goals, operational needs, or strategic initiatives. 2.Develop… Read More »

What does 80TTA exemption include?

80TTA exemption

80TTA exemption Exemption Under Section 80TTA of the Income Tax Act, individuals and Hindu Undivided Families (HUFs) can avail a deduction on the interest earned from savings accounts. This deduction is capped at a maximum of Rs. 10,000. It applies to interest income earned from savings accounts held with banks, co-operative societies, and post offices.… Read More »