NPS, LTA, other perks can cut income tax by Rs 71,467; know how

Under Section 80CCD(2), up to 10% of the basic salary put in the NPS on behalf of the employee is tax-free. Big tax savings are possible if your company gives you allowances such as LTA, gadget allowance. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

from Tax-Wealth-Economic Times https://ift.tt/iNt3Q7Z