Avoiding tds on salary

Suggest your friend to go for the saving u/s 80 c.

Thanks & Regards

Karandeep

ISHA g,

There is no other way except to invest or contribute to section 80 series !!!

Consider PF deducted from salary , if any, for Sec: 80C Purpose.

Besides investment u/s 80ccc to 80u, rent receipts can be considered for avoiding tds on salary.

Beside 80C she can go for investment in infrastructure bonds and mediclaim policies. I personally feel that if she can clain HRA then there will be hardly any requirement for any savings as she has a very low income...

240000 is the anual income , tax liablity will come to 5150 i.e.420 rs per month , now imagine just to save tis 420 rs a month your friend should invest atleast 4250 per month, does this make sense(yes obviosly it make sense if she wants to invest for future but this doesnt make sense for making investment of 4250 per month just to save rs 420 a month) , i would rather suggest that she must go for deduction under section 80D(insurance) and should willfully opt for tax deduction 

Should see what is the components of the salary. u/s 10 transportation allowance Rs.800/- pm, u/s 17 medical expenses upto 15000/-(actual) can be claimed. Give the components of salary then it can be worked out correctly.

Agree with Mr. Praveen if u can give ur salary structure , it can be worked out in a bit better manner........ but from ur query rent receipt can be a handy tax savings but for that ur HRA component is needed.........

Mr. Isha  Please give salary breakup as what is basic salary, HRA, Con, & any other allowance. then any one can do actual tax liability made or not ?

dear madam if u provide bifurdation of salary than i could give u a correct suggestion.  But if u don't want to  give bifurcation than u have to suggest to your friend to invest in u/s 80 series