If you are a salaried individual receiving monthly paychecks, you will have multiple ways in which you can save your tax. Some of the common methods of tax saving for salaried individuals are transport allowances, medical expenses.
Income tax and compliance with the corresponding rules are an important element of a salaried individual's professional life. As much as you need to plan on saving taxes from an earlier stage, it is also important to understand how much tax you owe to the Government.
Make optimum use of these deductions and inculcate them in your investment strategy, in order to render your tax saving procedure smooth and hassle-free.
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