Five Ways You Can Save Tax this Year

Paying income tax at the end of the financial year is often a stressful and challenging task for most people. Everybody is also always trying to look for ways in which they could save tax. If it makes you feel any better, there are various ways in which you get tax exemption. 5 ways you can save tax this year are as follows:

1. Buying insurance policies is one of the best ways to save taxes. Insurance policies like ‘Life Insurance Policies' provide life coverage and help in saving tax under section 80C of Income Tax Act. ‘Unit Linked Insurance Plan’ offer the benefit of both investment and protection to its investors. These are market linked insurance plans and help your money to grow. Medical expenses can be taken care of by ‘Health Insurance Policies’. These also help in saving tax upto an extent.

2. You can reap benefits of whatever you invest later through investments. You can get the tax benefit by investing in ‘Mutual Funds’ like Equity Linked Saving Schemes (ELSS). ‘Tax Saving Fixed Deposits’ help in saving tax and you can gain an attractive interest on your deposits. With no limits on how much you can put in, ‘Post Office Time Deposit’ and with a minimum investment of Rs.100, ‘National Saving Certificates’ are also good options for investments and are also eligible for tax exemption. In addition to all the above mentioned investments, ‘Provident Funds’ also known as the ‘Pension Fund’ are generated to give us long-term returns.

3. You can also save tax through loans. You can save tax by taking home loans for constructing or buying a house. Home loans taken for reconstruction and renovation are also eligible for tax deduction.

4. You can also save tax through Education Loan under Section 80E of the Income Tax Act.

5. Last but now the least, the best way to save tax is to donate to a charity. Even though all donations do not guarantee a 100% tax rebate. Your taxable income becomes the total amount minus the donated amount. Most philanthropic organisations can legit offer a 100% tax exemption in Form 16s.

Everybody looks forward to saving tax. Donating to charities is not only morally satisfying but charitable organisations also offer tax rebates and exemption under Section 80G of the Income Tax Act, 1961. The most important thing is to identify a charitable organisation that is working on the causes you believe in. Once you have identified an organisation, you can become a donor and become part of making a difference.



Donating to charities like Ghar_Aangan Orphanage will let you support India’s most vulnerable and marginalised children from the remotest corners. Donate now and at the same time save tax. You can also donate online.

Here's How You Can Build Up on Your Savings by Donating :)

You can now build up on your savings by donating. Surprised? It’s true. Donating to charities not only help organisation support people and children in need but it also helps in giving back to the society. Doing something for your community has always held great significance across all cultures. All eminent personalities like authors, actors, politicians, celebrities, and religious leaders have talked about the importance of charity.



Doing charity helps people to set a purpose in life and align themselves with a larger cause that is more important than themselves. Not only do donations make people happy but it can also help people save. By donating to a charity you can receive tax rebates and exemptions under Section 80G of the Income Tax Act, 1961. You are not the only person who wants to know ways to get income tax exemption.



Everyone wishes to build savings for themselves and their families. It is ensured by all the charity organisations that their donors are rewarded in the form of a tax rebate. The wealth gap between the rich and the poor is humungous in India. The rich continue to get richer and the poor remain poor.



Despite various efforts being made by the Government of India to eradicate poverty, millions of people are still living below the poverty line. They don’t have the basic necessities that are required to survive like food, water, and shelter.



The root cause of poverty is illiteracy and lack of awareness among people. Lack of education leads to a lack of skills and knowledge that are required for getting employment. No source of income generation, in turn, leads to poor standards of living resulting in poverty. Poverty impacts everybody but children are the worst affected.



A small contribution by you in the form of a donation can make a big difference. Big non-profit organisations like Ghar_aangan Orphanage are one of India’s leading independent child rights organisation.



We have our programmes running pan-India with the aim of relentlessly working to provide proper education, healthcare, nutrition, and life-saving relief and rehabilitation during disasters. We collaborate with the local government, academic and research institutions, and other organisations with an objective to address the most pressing needs of susceptible children in our country.



Donating to charities like Ghar_aangan Orphanage  can help break this vicious circle and bring an end to poverty. Donate now and directly contribute towards helping the most marginalised and excluded children from the remotest areas in India. You can also donate online. People find it very challenging to pay the income tax at the end of the financial report. By donating, you will not only help in giving children in need a happy, healthy, and safe life, but you will also save tax.

How Donations Can Help you Save the World And the Tax!

As responsible citizens, we should give back to our society. This is something we have heard since our childhood. Societies all across the world speak a great deal on the importance of giving back to society. Be it eminent authors, thinkers, leaders, politicians, celebrities, or religious leaders, they all talk about how important it is to do charity.

There are many reasons why one should donate to charities. It certainly gives a sense of purpose in life. By donating to charities, people align themselves with a larger cause that is more significant than themselves. Donations help people in need. By donating people often develop an overall sense of happiness.

sometimes, even small donations can make a big difference. Big non-profit organisations like Save the Children are running cost-effective programmes. We are relentlessly working towards channelising every single rupee towards helping the children and their communities that have been excluded and marginalised.

There exists a vast gap between the wealthy and the poor in India. This inequality in terms of income is rapidly increasing. In such a scenario, donating to charities can enable people to feel a sense of responsibility, hope, fulfilment, and purpose.

Children often pick up habits from their parents. Giving back to society is also a habit that children can inculcate in themselves by looking at their parents. While children are too small to donate, they can be taught the importance of donation and caring about their fellow beings. It is also our moral duty as responsible citizens to inspire our friends and family for donating to charities.

Once you decide to embark upon the journey of giving back to the society in the form of charity, you must keep yourself updated about the most significant non-profit organisations that are working on the causes you wish to support. You will get an impetus to do more for your society and donate more to charities like Save the Children when you get to know that your generous contributions are being used meaningfully.

Save the Children is one of India’s leading independent child rights organisation. It has programmes running pan-India in the most marginalised communities from the remotest corners. They are relentlessly working to provide proper education, healthcare, nutrition, and life-saving relief and rehabilitation during disasters. It has been collaborating with the local government, academic and research institutions, and other organisations to address the most pressing needs of vulnerable children in India today.

Donating to charities like Ghar_Aangan Orphanage will not only help in giving children in need a happy, healthy, and safe life, but it will also help you in saving tax. Donations to most charities guarantee a 100% tax exemption. Donate nowand make a difference. You can also donate online.

Using the internet Do's and Dont's for the children

With the markets being flooded by smartphones and the availability of cheap internet the use of smart devices has increased fourfold.
While the parents are getting at ease with children using new age devices, there is an upsurge in the use of social media - the app that tops this list is Facebook. This is evident from the fact that India has the largest number of Facebook users in the world (October 2018 data).
Research finds that despite having an age-restriction, 38% of Facebook users are children under the minimum age of 13. From teens to pre-teens to even 8-10-year-olds, children are rapidly getting active on Facebook.
While technology opens up a world of possibilities at your fingertips, here are a few handy guidelines to make sure you keep yourself at bay from the vices of the medium:

• Ask Questions – Seek permission from an adult, before signing up on Facebook, do not hesitate to clear your doubts regarding anything – right from updating a profile picture, adding friends to basics of privacy settings.

• Let Your Parents Know – Once you have signed up on Facebook, your parents should be made aware of the information that is being disclosed. For example the school you go to, sharing your coordinates, etc.

• Keep A Hold On Passwords –Your password is the key to a safer online experience. Keep updating them on regular basis and add different layers of privacy checks to ensure you are not easy prey to the Digisharks. Also, there is a reason why it is called ‘private information’it’s becauseit should not be shared with friends or acquaintances.

• Raise Alarm – If anything on Facebook makes you uncomfortable or you think is not appropriate, immediately inform your parents or some elder you trust.

• Learn to say ‘No’ – If you think that any upload or a check in by some other friend includes you and is inappropriate or is drawing negative attention, then speak up.  Cyberbullying and not having access to age-inappropriate content is a major issue that is being faced by many children. Parental watchfulness is required when it comes to content vigilance.

• Report, Delete, Block – If someone has been harassing you online, do not suffer in isolation.There are rights to protect you from any untoward circumstances. Take screenshots or report the person to the Facebook team and inform the parents – The Cyber Crime Cell has very efficient mechanisms to address specific issues and reach out directly to the culprit. Learn about the block and report feature on Facebook.It can be used whenever some content (picture or a status update) is drawing negative or unwanted attention.

Restricting, filtering out content, and not completely refraining from the internet is the way for prudent internet consumption.