WigglyRaccoon
WigglyRaccoon
Student

How do you save tax?

Are there any legit ways to save tax once you cross that salary where saving from 80c, 80d is not of much use? I know home loan is one option but are there better ways?

16mo ago
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PerkyDumpling
PerkyDumpling

Becoming a contractor

PrancingKoala
PrancingKoala
Amazon16mo

28% GST welcomes you

PerkyDumpling
PerkyDumpling

Have to pay something eventually

MagicalUnicorn
MagicalUnicorn

By earning so little that I fall under all slabs

BubblyTaco
BubblyTaco

bhai zs wale kab se kam kamane lage?

CosmicNarwhal
CosmicNarwhal

Start a political party, donate most of your income to that party. Use the party funds for your lifestyle.

SwirlyTaco
SwirlyTaco

80G. Help the cause of your choice.

FluffyNugget
FluffyNugget
Plivo16mo

Will look into it on reaching such a lvl. Till then chill

BouncyQuokka
BouncyQuokka
EXL16mo

I will take the 10% of annual basic to save your tax expense.

FluffyCupcake
FluffyCupcake
Amazon16mo

Take education loan

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Personal Finance
by BubblyPotatoOperations Manager

Tax saving hacks

Outside of the standard 80C BS, is there any major way to save tax? I can’t stand a small set of people giving out so much tax to the government and so much burden on the other side without any significant social benefits. This one’s esp...

Personal Finance
by GroovyPenguinOracle

Suggestions to save tax ?

I am a software engineer in Bangalore having base CTC 13.8 lpa. Which brings me to a tax of more than a lakh rupees, what are the possible ways to reduce this taxed amount.