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Delhi-based marketing manager Akshay Chopra earns well, but also pays a high tax even though his salary is tax-friendly. This is because Chopra does not claim all the deductions available to him. TaxSpanner estimates that Chopra can reduce his tax outgo by Rs.1.9 lakh if he claims exemption for house rent allowance (HRA) and his…

Indian Post Office offers many small savings schemes which are popular among senior citizens and risk averse individuals. Interest rates on these small savings schemes are revised every quarter by the government of India. As of now, the India Post offers 10 schemes catering to the different needs of individuals and their investment goals. Post…