Tax planning
This query is : Resolved
Rakesh Tiwari
(Querist)
29 June 2013
I want to know Maximum Tax saving for an Individual earning Rs. 5 Lacs Per Annum with all possibilities OTHER THAN HOME LOAN INTEREST.
CMA Ramesh Krishnan
(Expert)
29 June 2013
Sec.80C has Rs.1 lakh eligible investment & Sc.80D has Rs.15000 for mediclaim insurance
CA.Vinita Gupta
(Expert)
29 June 2013
If the individual is salaried then can claim transport allowance 800pm and if has children who r studying then 100pm as children education allowance. Claim 80tta also
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