Income Tax Exemptions

Legal Exemptions On Income Tax Payment – An Expert Advice

The following exceptions are legal ways to claim income tax deductions or exemptions, and thus save you thousands or lakhs of rupees which you might other wise pay as tax. Section 80C Exemptions– Max Limit Rs.1 Lakh Provident Fund (including Public PF) Fixed Deposits (>= 5 Yrs) NSC Insurance / Pension …

Income Tax Exemption Rules In India – Government approved ways to avoid Tax

Income Tax Exemption Rules In India gives options to tax payers in the form Exemptions and Investments. As a taxpayer, you have all rights to use these options to get relief if your tax amount is turning as a burden. Exemptions: House Rent Allowance – As per HRA rules Conveyance …