TCS
TCS
on
PrancingMarshmallow
PrancingMarshmallow
17mo
by

Need Help in Saving Taxes

Hi all.. need guidance in saving taxes in best possible way. Any input help will be appreciated..thanks

80c - 1.5 lakh done 80d - medical premium TCS gold plan gross salary 17 lpa

what else could increase my inhand salary and avoid these taxes

17mo ago
SleepyPenguin
SleepyPenguin
17mo
  • Maximize NPS Contributions: Add ₹50,000 under Section 80CCD(1B) for NPS.
  • HRA Optimization: Claim maximum HRA exemption with rent receipts.
  • Additional Deductions: Look into Section 80E (education loans) and 80G (donations).
  • Tax Regime Comparison: Use the income tax calculator on Ultimatix to compare old and new tax regimes.
  • Investment in ELSS: Invest in ELSS mutual funds under Section 80C for extra benefits.
PrancingMarshmallow
PrancingMarshmallow
17mo

thanku

SwirlyJellybean
SwirlyJellybean

Also 10% corporate contribution in NPS

FluffySushi
FluffySushi
17mo

Go for home loan

PrancingMarshmallow
PrancingMarshmallow
17mo

thanku

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