Get the app
Personal Finance
Personal Finance
on
DerpyPretzel
DerpyPretzel
28mo
by
Stealth

Tax Exemption

I have selected old tax regime and I have declared around 1.80 Lacs of investment. Now my tax is not getting deducted in monthly salary but from the declaration I am not actually doing any investment. How should I resolve this issue.

Please guide if someone know this!

28mo ago
WobblyDumpling
WobblyDumpling
Amazon
28mo

Don't worry, You can change it to new regime during itr filing

DerpyPretzel
DerpyPretzel
Stealth
28mo

I hope I can change 🤞

WobblyDumpling
WobblyDumpling
Amazon
28mo

No need for hope. I know someone who did this last year. So it's allowed for sure

DizzyLlama
DizzyLlama
Atlys
28mo

Invest!

DerpyPretzel
DerpyPretzel
Stealth
28mo

I need cash for house expenses. Can't invest a lot of money! Is there any alternative to this?

QuirkyMochi
QuirkyMochi
PhonePe
28mo

Change companies and get higher paying job

DancingBanana
DancingBanana
Amazon
28mo

Invest or you would need to pay tax from your account during itr filing

DerpyPretzel
DerpyPretzel
Stealth
28mo

yeah, but I need cash flow so that's why I am not investing! is there any alternate to this?

DancingBanana
DancingBanana
Amazon
28mo

Then change to the new regime during filing.

Discover more
Curated from across