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Utkarsh

Every Trand Makes Ne...ย โ€ขย 6m

How to Legally Save Tax in India๐Ÿ‡ฎ๐Ÿ‡ณ (FY 2025-26) Yar Mai bhi Mai koi expert nahi hu Mai ak currently 12th passed student hu to jo pata tha oh bata raha hu, baki apna brain use kar lena aur term aur condition government ke padh lena. ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡ ->Section 80C (โ‚น1.5 Lakh) โ€“ Invest in PPF, ELSS, LIC, 5-year FD, or NSC. -> 80D (Health Insurance) โ€“ Get โ‚น25,000 deduction for self/family, โ‚น50,000 for senior citizen parents. -> NPS (80CCD1B) โ€“ Claim extra โ‚น50,000 deduction. Great for retirement. -> Education Loan (80E) โ€“ No limit on interest deduction if loan is for higher education. -> Home Loan (Section 24) โ€“ Up to โ‚น2 Lakh deduction on interest. -> HRA โ€“ If you pay rent and get HRA, claim deductions based on city/salary. -> Standard Deduction โ€“ โ‚น50,000 for all salaried individuals. -> Donations (80G) โ€“ Donations to approved NGOs are tax-deductible. Plan smart. Start early. Save legally๐Ÿ‘.

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Home loan deduction or HRA......Why not both??

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Income Tax season is here: Dont forget to claim House Rent Allowance (HRA) deduction given by your company so that you can save a substantial amount of tax.

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