The Government of India has introduced attractive deductions and tax exemptions to encourage individuals to invest in residential property. As per the Income Tax Act of 1961, individuals who take out a home loan while buying their new house can avail themselves of multiple tax rebates and deductions. Keep reading to know the best ways…
Tax saving via NPS investment: There are many income tax laws changes that have come into effect from April 1, 2023 for current FY 2023-24. However, NPS investment is one that can help you save tax in both the old and new tax regimes. However, it is important to know the tax rules to save income tax via NPS investment.
If you are short on funds to make an investment in ELSS mutual funds for the current financial year, then this trick can help you save tax. Do note that this trick can work provided you have opted for the old tax regime for the current financial year. Read on how this trick works.
10 Tips to Save Income Tax in India for FY 2021-22 lifehacker.co.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lifehacker.co.in Daily Mail and Mail on Sunday newspapers.