How To Save Tax In India
"#TaxSavings investments are for those who have taxable income. Individuals paying taxes can cut their tax liability or tax payout by investing in #80C; #80CCD & #80D of the Income Tax Act and save taxes. Invest under these section (#80C, #80CCD, #80D) and save upto Rs 67500/-.
#80C - Invest up to Rs 150,000/- (after calculating how much you need to invest after factoring your EPF)
#80CCD - Invest up to Rs 50,000 in NPS (New Pension Scheme).
#80D - Premium paid towards medical insurance for self & immediate family; for parents; for dependent parents over 60.
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Category: Education : Financial Awareness & Literacy
