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INCOME TAX SAVING TIPS 3
access_time 2024-03-11T03:55:29.54Z face RAHUL AGARWAL
TAX SAVING TIPS 3 Deduction of Health Insurance Payment Deductions of health insurance premium paid by the taxpayer up to INR 25,000 for self, spouse, and children The limit for senior citizens is INR 50,000. Senior citizens above the age of 80 can seek a deduction of INR 50,000 towards their medica...
INCOME TAX SAVING TIPS 2
access_time 2024-03-11T03:48:21.901Z face RAHUL AGARWAL
INCOME TAX SAVING TIPS 2 Contribution to the Atal Pension Yojana Deduction of a contribution up to10% of the total salary of salaried employees or 20% of the gross income of non-salaried to the government-notified pension schemes. It is important to remember that the complete deduction under Section...
INCOME TAX SAVING TIPS
access_time 2024-03-11T03:40:32.005Z face CA RAHUL AGARWAL
INCOME TAX SAVING TIPS Deduction of LIC & Tuition fees The maximum exemption limit is INR 1.5 lakh. There are various avenues like PPF, EPF, term insurance , NPS, etc that could be claimed under section 80C. Below is the complete list: ï‚· Public Provident Fund ï‚· National Savings Certificate ï‚· Nationa...