7 Such Rules That Will Benefit Crores, Will Get Exemption From Income Tax
1- The best way to save income tax is to invest in 80C. In this, tax exemption of up to Rs 1.5 lakh is available. Even if the salaried person invests in a product like PPF, LIC, then tax will be saved and good returns will also be available.
3- 80 CCD (2D) There is a lot of relaxation in this rule. In this, you can save tax by investing in different pension funds.
5- Tax exemption can be taken by showing the premium of health insurance in 80D . Everyone’s insurance limit is also different in Health Insurance Premium.
7- 80G is such a rule, in which tax payers get relief. That is, taxpayers can also claim exemption in income tax by making charity or donation.
Nirmala Sitharaman has presented the budget. But according to experts, this budget is just like a speech. The tax slab has not changed. There is no concession related to Corona. Farmers have only got a say. Whereas the government will now launch a digital currency. Also, cryptocurrencies, which have become the most popular means of investment, will charge 30% tax on earnings.