Hi HR Pros,

I would like to know how to calculate taxes for saving purposes in order to save on tax. One of our employees is receiving a salary of 2.4 Lacs and needs to fill out an investment declaration form. He is asking me how much investment he has to make in order to save on taxes. Can anybody help me with this? I would appreciate it if somebody could reply to me via my Gmail address: sujata.kalra@gmail.com.

Cheers,
Sujata

From India, Faridabad
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hi, please provide full details like, income belong to which assessment, Assese belongs to senior citizen or women etc., regards, rajashekar
From India, Hyderabad
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mirza
20

Subject: TDS Calculation and Tax-saving Investment Declaration

Hi Mirza,

Please find attached the document showing the details of TDS calculation.

I would like to understand how to calculate tax for saving purposes to reduce the tax liability. We have an employee earning a salary of 2.4 Lakhs who needs to fill out an investment declaration form. He has asked me for guidance on the amount of investment required to save on taxes. Can anyone assist me with this inquiry? Your prompt response to my Gmail ID at sujata.kalra@gmail.com would be greatly appreciated.

Cheers,
Sujata

From Saudi Arabia, Jiddah
Attached Files (Download Requires Membership)
File Type: xls Tax Calc.xls (40.5 KB, 532 views)

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Dear Sujatha, please see the attachment which can be clarify you better.
From India, Madras
Attached Files (Download Requires Membership)
File Type: doc IT SLAB FOR AY200809.doc (46.5 KB, 196 views)

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