Live Breaking News & Updates on Ncome Tax Saving Tips
Stay updated with breaking news from Ncome tax saving tips. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Income Tax Saving: 5 ways in which your wife can help you save tax, get double benefit Under Section 80C of the Income Tax Law, you can avail of deduction on the expenses of up to Rs 1.5 lakh for the education of children. , File Photo Updated: May 24, 2021, 06:44 AM IST Many are not aware but your wife can prove to be of great help in saving income tax. The Government of India has made a special rule about women, under which husbands can take double benefit of exemption in tax. Here s how you can do it. Health Insurance Amid the COVID-19 pandemic, everyone is getting health insurance. However, we will tell you how health insurance can save you from the expensive treatment expenses of the hospitals as well as saving taxes. If you are under 60 years old, then you can also save up to Rs 25,000 through Health Insurance Premium. You can also get a premium for your wife and child. In this, you get exemption under section 8 ....