Incometax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2012
Sir,
I am a retired employee(in 2008). I am paying IT regularly till date. I receive a pension of Rs. 18500/-pm and interest on fixed deposits Rs.2,30,000/- per anum.
I am subscribing to 1,00,000/- and 20,000/- savings.Is there any way to reduce my tax burden to nill or as little as possible in my scenario.
I am a retired employee(in 2008). I am paying IT regularly till date. I receive a pension of Rs. 18500/-pm and interest on fixed deposits Rs.2,30,000/- per anum.
I am subscribing to 1,00,000/- and 20,000/- savings.Is there any way to reduce my tax burden to nill or as little as possible in my scenario.
Guest
Guest
(Expert)
13 January 2012
You can make further donation u/s 80G to reduce tax burden if you wish.
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