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Maximum Income Tax You Can Save For FY 2015-16?
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What Is A Flexible Spending Account (FSA)? - Forbes
WebJan 13, 2024 · There are some types of 5-year Tax-saving Fixed deposits. These can allow up to Rs.1,50,000 deduction. These special FDs’ interest rate is generally fixed. This rate is currently moving around 7-8%. However, the FD allows the deduction of a huge amount; the interest that is received on it is a taxable income. WebApr 16, 2015 · Most tax payers even after using all the tax saving sections would be able to claim tax benefit up to Rs 5 to 5.5 Lakhs. Tax Saving Sections Summary: Below is the … WebDec 21, 2024 · Our 50/30/20 calculator divides your take-home income into suggested spending in three categories: 50% of net pay for needs, 30% for wants and 20% for savings and debt repayment. The 50/30/20 budget details of amendment