Proper plan for small income earning individual
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 November 2016
dear sir,
i want to ask that if a individual who started earning of rs 5,00,000 per year,
what tax saving plan he has to follow that he can save more money and pay less income tax.
and make the money legal in the eye of income tax department.
i want to ask that if a individual who started earning of rs 5,00,000 per year,
what tax saving plan he has to follow that he can save more money and pay less income tax.
and make the money legal in the eye of income tax department.
11 November 2016
For income tax saving best option will be to invest in PPF since its interest is tax free and also exemption u/s 80C is available upto 150000/-.
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