Best Tax SAVING GUIDE! | Tax Planning for Salaried Individuals | Finforall By Jupiter

#taxgaming #personalfinance #finforallbyjupiter
What are the deductions under Section 80? How to calculate income tax under the old and new tax regime?
In addition to these, you can also claim deductions under these sections:
Section 24(b): Interest on home loan upto Rs. 2,00,000
Section 80EEA: Additional deduction on interest on home loan upto Rs 1,50,000 {Over and above Section 24(b)}; valid till 31st March 2022
Section 80CCD: Contribution to National Pension Scheme (NPS), upto Rs. 50,000; over and above the limit of Rs. 1,50,000 of Section 80C
A lot of it has to do with minimizing taxable salary, but knowing how deductions work is the first step towards it.
This video will help you take that first step and hopefully many more, enabling you to save maximum income tax, responsibly.
As always, if you choose to invest the money saved on income tax, you can end up making a far bigger surplus for yourself. :)
Let’s get your finances in shape! Follow our socials.
Instagram - / finforall
Twitter - / millionsjupiter
Facebook - / millionsjupiter
LinkedIn - / finforall

[@preeti488]

Really commendable efforts👏 This channel has helped a lot.

[@faizanshaikh9380]

Hello, How much there is tax saving on Home Loan if property value is more than 50 lac ? Is it full tax saving or on tax exempt amount on this home loan ?