Sunday, September 24, 2023

Rent to mom, NPS cut income tax by Rs 86,000; know how

How to bring down the tax outgo significantly by claiming all the deductions available to him. Use HRA exemption; NPS benefits offered by company, LTA and medical insurance to reduce income tax outgo. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their income and investments.

from Tax-Wealth-Economic Times https://ift.tt/TEvyDtS

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