earn less money
Already doing that, any low and even the government doesn’t make money:)
Get married and open HUF🙃 Or if unmarried can open Trust
HUF mei you get a family Pan card, you essentially can split your earnings under 2 Pans so you are eligible for another basic tex slab exemption of 3L + all the typical exemptions like 80g, 80D, HRA.
(A private) Trust works similarly except you don't need to be married but you need atleast 2 people to form it.
Another easy non paperwork way is an LTGS withdrawals if you are investing. LTGS upto 1.25L are exempt so every year withdraw capital gains under 1.25L and buy back the same shares the next day. Say suppose after 10years if you withdrew 12.5L worth of capital gains, 11.25L becomes taxed at 20% versus 0% tax if you follow this every yr
Turn consultant. File under business and profession
This will work if you are into business or freelancer right.
Chacha vidhayak hai humare
80g donations
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