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Hi, Reimbursement like HRA Medical Phone Conveyance can be used to save the tax. These are some of the common heads under which salary can be distributed. Regards, TMi
From India, New Delhi
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Hi, Medical bills need not be submitted every month.. the limit is 15000 per annum. We can have bill submission only twice - once in October and once in March.
From India, Hyderabad
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dear Mr. Pawan Krishna Reddy
I am an army officer who's taken release from service in Sep 08. I have taken up a job in Mumbai. Can you please suggest me how can i best save income tax on a salary of 60,000 per month ie.720000 per annum. There is no break up of salary yet but i'v asked the proprietor to do so. Can u kindly help.. my email id is
thanx

From India, Mumbai
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I feel sharing details on this site will help many of us benefit. Why does one have to mail to personal IDs? Please share on the site. That is why we are here for... learning and sharing. Aprita
From India, Hyderabad
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Dear Sir,
My Name is keerthi i am working in hotel industry so pls guide my
how to save tax and for my life saving part also
pls guide in this matter
my Basic is -14175.00+ HRA-4252.00+spwa- 4252.00+Conv-946.00
Deduction is Pf_1701.00 +IT 525.00 per month
tell me how to save my money
S.Keerthi
Executive housekeeper

From India, Madras
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If you are working for any of Government of India company, this dream of saving tax would be a dream for the rest of your life. But if you are working for a privste firm, the best thing is to open a small buisness and show int he returns saying that you invested lrage amount of money into it and lost it or you beacme bankcrupt or sometrhing of that sort.
From India, Ahmadabad
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Hi folks: Any one got the format; if so please post it in the site, it will be useful to many members.
From India, Madras
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Hi all,
Anyone wants to save tax and also investment in a good form kindly call me on my mobile 09720393834 or
SK Giridhar
Organisational Expert,
Motivational Speaker & Trainer
Insurance & Investment Advisor (IIA)

From India, Secunderabad
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Dear Pawan,
The topic/material is hot and eye caching as every one understands the format will be able to evade tax.
To be very frank I would like to comment on the format of tax saving salary breakup only if the same is available to see. To the best of our knowledge, thorough understanding of the tax provision is the only way to save/evade tax.
Keep in mind that TAX EROSION IS CRIME BUT TAX EVASION IS NOT.
Regards,
Team Member
HRD Professionals

From India, Ghaziabad
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Hi,
Income Tax calculation on salary is not very easy.. it depends upon the salary structure and indivisual's Investment. If anybody wants income tax calculation please mail all details to my personal id .
Thanks!

From India, Pune
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