Exemption and deduction for salary income
This query is : Resolved
15 February 2020
Respected Sir / Mam
If my gross total income before all deduction in 9,20,000/= how could I save tax to make my taxable income upto Rs.500000/-
Profession tax 2500
Std Deduction 50000
80C 150000
Home Loan Int. 200000
total 402500
what else deduction would i get?
If my gross total income before all deduction in 9,20,000/= how could I save tax to make my taxable income upto Rs.500000/-
Profession tax 2500
Std Deduction 50000
80C 150000
Home Loan Int. 200000
total 402500
what else deduction would i get?
16 February 2020
You can claim a deduction of Mediclaim U/s 80D if paying for medical insurance. Also you can look if your salary is having "Uniform Allowance" as a part of salary and if you have spent for purchase/maintenance of official clothes.
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