ZippyUnicorn
ZippyUnicorn
14mo

Trending @Accenture; Need help to understand TDS, Standard Deduction, and Income Tax

I got 2% increment in Nov cycle and started getting shift allowance, which placed me around RS 803000 LPA and taxed around 5000. Last month also I got taxed around 5000.

Can someone help me to understand and advise to reduce the tax?

14mo ago
ZoomyHamster
ZoomyHamster

You need to invest in tax-saving instruments like PPF or ELSS.

ZestyUnicorn
ZestyUnicorn

Opt for New regime

ZippyUnicorn
ZippyUnicorn

Already opted for new regime

PeppyPretzel
PeppyPretzel

Ask HR to invest your salary in NPS

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