Sunday, October 8, 2023

NPS, perks can cut income tax by Rs 50,000; know how

Under Section 80CCD(2), up to 10% of the basic salary put in the NPS is tax-deductible. You can also replace some of the taxable allowances in your salary with tax-free perks. 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/TdJjKOv

No comments:

Post a Comment