There are hardly many tax saving avenues when you fall in the highest income tax bracket so utilising every available tax saving option becomes critical in saving your hard earned money. Old tax regime offers two very prominent deductions to the salaried taxpayers on house rent allowance and home loan interest payment. However, not many people claim both deduction together despite being eligible to do so. Here is how you can decide if you can claim both the deductions.
from Tax-Wealth-Economic Times https://ift.tt/P2xOKwt
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