How much income tax can be saved if your annual income is above 10 lakhs



Quick Summary
If your annual income exceeds 10 lakhs, effective tax planning can significantly reduce your tax burden. This guide explores how to optimise your income, exemptions, and deductions under both the new and old tax regimes in India. By strategically utilising various sections like 80C, 80D, and others, you can aim for a much lower tax liability.

There are quite a few ways through which an Indian taxpayer might optimise their incomes, exemptions and deductions to ensure the least possible tax liability. A person who is liable to pay tax needs to be on top of tax planning. Tax planning for example can be when the person earning salary income above 10 lakhs cultivates various methods through which they can achieve a zero tax liability or as close to a zero tax liability as possible. This article aims to illustrate the same. As per a rec
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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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