Guide on How to Save Income Tax?

Guide on How to Save Income Tax is RELEVANT FROM FINANCIAL YEAR 2019-20 & ONWARDS,

Incorporates changes made in Income Tax laws in Union Budget presented on July 5, 2019 & onwards.

Download the attached File to get the detailed analysis of Deduction under Income Tax Act & Rules on following topics-

• Income Tax New Rules in Budget 2019
• How Much Tax you need to Pay?
• Tax Saving Sections
• Section 80C/ 80CCC/ 80CCD
• EPF/VPF (Employee Provident Fund)
• PPF (Public Provident Fund)
• Sukanya Samriddhi Account (SSA)
• NSC (National Saving Certificate)
• Tax Saving FD from Banks/ Post Offices
• Senior Citizens Savings Scheme (SCSS)
• National Pension Scheme (NPS)
• Equity Linked Saving Scheme
• Life Insurance
• Pension Plans from Insurance Companies
• Tuition Fee
• Stamp Duty & Registration Charges
• Home Loan: Interest & Principal
• Home Loan for Affordable Housing Interest
• Auto Loan for Electric Vehicles: Interest
• Home Improvement Loan: Interest
• Section 80D: Medical Insurance
• Section 80DDB: Treatment of Certain Diseases
• Section 80U: Physically Disabled Assessee
• Section 80DD: Handicapped Dependents
• Donation to Approved Charitable Organizations
• Donation to Political Parties / Scientific Research
• House rent in case HRA is not part of Salary
• Tax on Salary Components
• Partially Taxable Salary Component