How to Save Income Tax on Salary above 7 Lakh
How to Save Income Tax.. 1. Standard Deduction 2. Section 80C 3. Section 80D 4. HRA 5. Section 80CCD(1B) 6. Section 24. Zero Income Tax on 11 Lakh
How to Save Income Tax.. 1. Standard Deduction 2. Section 80C 3. Section 80D 4. HRA 5. Section 80CCD(1B) 6. Section 24. Zero Income Tax on 11 Lakh
How to save tax? By using tax saving tips – Standard Deduction (Rs. 50,000), HRA, Section 80C (Rs. 1.5 Lakhs), 80D (Rs. 50,000), 80CCD(1B) (Rs. 50,000)..
How to Calculate Income Tax on Salary.. After adding above taxes = Rs. 95,000, 4% cess is applicable which is Rs. 3800. You total income tax = Rs. 98,800 considering taxable income of Rs. 11 Lacs
How to Save Income Tax in India? You don’t have to pay tax if your taxable income is below Rs. 5 Lacs in a Financial Year with old tax regime