How to save tax on salary

753 views 1 replies

Per month salary is as follows :
Basic - 60500
HRA - 15125
Other allowances - 39555
Total salary p.m.= 115180
Annual salary = 1382160
80C deduction taken = 100000
TDS deducted 18400  pm

What are the alternatives available to save tax on above mentioned structure?

Replies (1)
  • First & the foremost thing: TAX PLANNING....well in Advance so that you can have better options. Any ways from next year onwards....You can have the options like....
  • Mediclaim U/S 80D as well for the assessee , his/her family, Parents, U/S-80CCF-20,000 beyond 80-c 1,00,000 limit..
  • Both of the above are benefitial to the assessee , But If he want to Donate some part of income....then 80-G is also available.

 

At last, better you go to CA or any tax consultant...!


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register