Director, H&R Block Pvt. Ltd
Vaibhav Sankla is the Director of Tax Strategy and Business Development at H&R Block India. He is rank holder chartered accountant and has more than 15 years’ experience in taxation. Prior to joining H&R Block, he worked for Big Four firms, PwC and KPMG, in India and abroad. Later, he cofounded ADROIT, a small firm specialized in providing tax services to individuals. For more than three years, Vaibhav has been a weekly tax columnist with The Economic Times.
Knowledge of all the permutations possible under tax laws is essential for NRIs to plan their income and investments judiciously so as to gain maximum benefits and not pay dual taxes in both countries.
Your good deed in donating to a charity will not go without reaping you rich rewards, not only in metaphysical terms but also financially. In India, the Income Tax Act has certain provisions which offer tax benefits to donors in order to encourage more philanthropic donations. One such section is Section 80G, with its different sub-sections. However, availing of tax benefits is subject to certain conditions. Here are a few pointers.
15/01/2016 8:02 AM IST
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