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Posts Tagged → allowances

How to reduce taxes on salary

posted in Income tax on July 26, 2019 by Sanjana Rajpal 0 Comments

Introduction The salaried employees are always in a frenzy about taxes and plans out ways to save it. The allowances and perquisites received by a salaried person is either fully taxable or partly taxable or exempt. The article below illustrates different ways in which salaried class can save their taxes. 1. Standard Deduction Standard Deduction,… Continue reading →

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