Ways to save income tax

    Public Provident Fund     Life Insurance Premium     National Savings Certificate     Equity Linked Savings Scheme     5 year fixed deposits with banks and post office     Tuition fees paid for children's education, up to a maximum of 2 children

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Income tax slab rate for 2014-15

How to find total income tax payable by you within this march. Or how much you can save from income tax / reduce deduction in salary in Mar14. Income Slabs Tax Rates Where the total income does not exceed Rs. 2,00,000/-. NIL Where the total income exceeds Rs. 2,00,000/- but does not exceed Rs. 5,00,000/-. … Continue reading Income tax slab rate for 2014-15