Hi,
I want to give half of my salary to my wife every month, is it possible to do so , pls help in knowing the process , also pls advise , this process will make me saving tax.
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Want to give half of salary to wife
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i dont see any saving in tax treatment in that
That is your internal matter. Not considered in computing your tax liability. Its called pin money. But remember that if your wife starts a small business out of this pin money, and earns a profit, then this profit will be taxable for you.
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