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Incometax

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 January 2012 Sir,

I am a retired employee(in 2008). I am paying IT regularly till date. I receive a pension of Rs. 18500/-pm and interest on fixed deposits Rs.2,30,000/- per anum.

I am subscribing to 1,00,000/- and 20,000/- savings.Is there any way to reduce my tax burden to nill or as little as possible in my scenario.

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13 January 2012 You can make further donation u/s 80G to reduce tax burden if you wish.


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