Axe your Tax – Options to save tax for FY 2019-20
Axe your Tax – Options to save tax for FY 2019-20 This article is a quick & simple knowhow for all tax saving instruments available in India for Individual tax payers. Our focus is to enable even a layman understand these options and plan their tax accordingly. We trust this will be helpful. So unless one has tracked the Indian tax systems regularly, you might have been haunted by questions every year such as these: How much taxes will I pay this year! Or What is the maximum I can save on taxes! Or How do I get on top of my Investments & taxes! Or Can I use both HRA & Home loans to save on taxes! Or What do I choose - PPF, FDs or Insurance for tax saving! Or Everyone talking about 80C/CCC/D/E!!! – What’s the mystery behind the 80s! Or Why am I paying more tax than my friend with a higher income! If yes, this article is certainly going to clear a lot in your head! Let’s start by visiting the new income tax rules as introduced by budget 2019 for