How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

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What are your other investments for tax saving other than 80C

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Nothing as of now

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Put 50k in nps, claim hra, 25k health insurance, additional 50k health insurance for parents and they must have provided internet phon bills in salary you can claim them as well

Approximately around 14k per month income tax will get deducted if u show full hra and fill 1.5lakh in 80c, claim internet bills and opt food card. If u opt for nps ur tax per month would be around 13k

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Hi all
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Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

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My CTC will be
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80c - 1.5 LPA
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Any one please help mi on which tax method will be sutable for me old or new?

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Hi,

Can I pay full hra amount as rent to my parents to get hra exemption benefits.

HRA: 5 lakh

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Hi,

Where to invest to reduce the taxable income of 8 lakhs after investing 1.5 lakhs under 80c and HRA 1 lakhs ? Medical insurance 50 k I’m aware of it and I don not plan on any house loan. Please suggest.

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